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Job Outlook Strong--For Now, Anyway

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Business Insider reports stocks climbed on Thursday ahead of Jobs Day. Economists forecast that the economy added 180,000 jobs and the unemployment rate came in at 4.3%. The level of strong hiring is expected to continue as long as the economic recovery is sustained and businesses don't lay off workers. However, economists don't expect the pace of job creation to be sustained at 200,000 or more every month, since the unemployment rate is at a 16-year low. Hurricane Harvey's impact on jobs isn't expected to be reflected in unemployment until next month and beyond. http://www.businessinsider.com/stock-... http://www.wochit.com This video was produced by YT Wochit Business using http://wochit.com

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