Hurricanes may have wiped out as many as 125,000 jobs from September


(Worthy News) – Hurricanes Harvey and Irma may have wiped as many as 125,000 jobs from the September employment report, resulting in job growth below 100,000.

With the historic double shocks of two Category 4 storms, the 8:30 a.m. ET Friday report is going to be fluky. The forecast for new payrolls falls in an unusually wide range — with expectations between 45,000 jobs lost to a gain of 150,000 or more.

The divergence shows just how difficult it has been to measure the economic impact of the two back-to-back storms that hit the mainland U.S. in late August and early September. Economists say the Fed will look past this report when considering monetary policy, and the employment picture be much more clear by the time it is expected to consider raising interest rates in December. [ Source: CNBC (Read More…) ]

18
people are currently praying.

Worthy News reports from a biblical worldview with a commitment to accuracy, transparency, and editorial independence. Learn more about About Worthy News, our Editorial Standards, AI Use Policy, Ownership of Worthy News, News Tips and Corrections, and Worthy News Staff.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Latest Worthy News

U.S. Navy Tests New Long-Range ‘Malice’ Missile Designed to Strengthen Air Superiority
ICE Arrests Surged To Nearly 50,000 In July, Marking Highest Monthly Total Of Trump’s Second Term
CIA Director Makes Rare Moscow Visit Amid Ukraine War and Iran Tensions
Trump Threatens 50% Tariffs on Canadian Cars, Trucks and Steel as Trade Fight Deepens
U.S. Prepares to Return Diplomats to Middle East Embassies After Iran War Evacuations
China Rejects U.S. Pressure Over Iran Sanctions, Vows It Will Not Bow to ‘Economic Warfare’
Indonesian Christian Convert Jailed For Two Years Over Muhammad Video (Worthy News Focus)
Christian Teen Found Dead In Pakistan Canal; Police Officers Detained (Worthy News Investigation)
Iran Christians Fear Isolation As Parliament Moves To Criminalize Foreign Contacts (Worthy News In-Depth)
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Books by George Whitten

The Biblical Fall Feasts Revealed cover

The Biblical Fall Feasts Revealed https://biblicalfallfeasts.com

An in-depth look at the Biblical fall feasts and their prophetic significance for believers today.

Buy on Amazon
The Eternal Kingdom Revealed cover

The Eternal Kingdom Revealed https://eternalkingdomrevealed.com

The Eternal Kingdom Revealed traces the Kingdom of God as the central story of Scripture, from before creation to the restoration of all things.

Buy on Amazon

As an Amazon Associate I earn from qualifying purchases.