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Will US initial jobless claims average more than 230,000 per week in September 2024?
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Resolution / Starting Odds
Yes • 50%
No • 50%
US Department of Labor
Story
US Private Sector Adds 99,000 Jobs in August, Lowest Since 2021; Jobless Claims at 227K
Sep 5, 2024, 12:17 PM
The latest ADP National Employment Report reveals that the U.S. private sector added 99,000 jobs in August, significantly below the expected 145,000. This marks the lowest monthly job growth since January 2021. The previous month's job gains were revised downward to 111,000 from 122,000. The data indicates a continued slowdown in job creation, with August being the fifth consecutive month of declining job growth. Initial jobless claims were 227,000, slightly below the forecast of 230,000.
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