The strong headline employment gain in September was entirely due to a rebound in educational services employment, with employment elsewhere edging down. That suggests labour market conditions continue to ease beneath the surface, particularly as the month-on-month growth in average hourly earnings also slowed and total hours worked dropped back.
Become a client to read more
This is premium content that requires an active Capital Economics subscription to view.
Already have an account?
You may already have access to this premium content as part of a paid subscription.
Sign in to read the content in full or get details of how you can access it
Register for free
Sign up for a free account to gain:
- Unlock additional content
- Register for Capital Economics events
- Receive email updates and economist-curated newsletters
- Request a free trial of our services