Hurricanes Harvey and Irma has affected the labour market, causing a loss of 111,000 jobs alone in leisure and hospitality sector in September.

Employment at bars and restaurants was the most affected ones.

That decline appears to have come from the closures of hotels and restaurants in Florida and Texas resulting from storm damage, the Labor Department said Friday in its September jobs report.

The job losses were so substantial that it caused the number of jobs across the entire US economy to shrink by 33,000 last month.

Hospitality is not the only sector affected by the storms, retailers also shed jobs, with auto dealers, department stores, clothiers, electronics outlets and food and beverage stores each posting losses.

Manufacturing jobs slipped in September after a burst of hiring in August. The decline came largely from fewer jobs at auto factories, chemical plants, printers and apparel makers.

Some of the job losses were offset by strong gains in transportation and warehousing, possibly a positive sign ahead of a holiday shopping season that relies increasingly on online shoppers. The education and health sector also hired. And hiring by professional and financial services companies was up as well, as reported by AP.

 

inputs : Associated Press (AP) 

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