Research Brief: Employment – October 2019
Job growth continues at subdued but consistent pace. Organizations added about 136,000 positions in September, slightly down from the 168,000 roles filled in August. The more modest
rate of employment growth nevertheless exceeded the number of new entrants into the workforce, sustaining the current labor shortage. Employers’ staffing needs will support the hiring of
about 2 million personnel by year end. Potential economic headwinds, originating from trade tensions and other factors, create some risk of job creation falling below expectations.