Investment firm Carlyle has published proprietary data revealing signs of weak employment in the United States. This comes in the wake of the government shutdown, which resulted in the cancellation of the monthly jobs report.
Carlyle’s Employment Insights
Carlyle’s analysis pointed to significant challenges in the US job market. Their report highlighted a lack of growth in job creation for the month of September.
Key Findings
- The US economy experienced a net loss of 32,000 private-sector jobs in September.
- The analysis indicates essentially no job growth during the last month.
- These findings have raised concerns among economists about the current state of the labor market.
Impact of Government Shutdown
The ongoing government shutdown has had a direct impact on employment data availability. Without regular reports, analysts are relying on alternative sources, like Carlyle, to gauge the employment landscape.
Economic Implications
Moody’s has also issued warnings regarding the weakened job growth, further exacerbating concerns over the economy. The lack of job growth could hinder economic recovery efforts in the months to come.
Carlyle’s report sheds light on the underlying issues facing the job market. As the economy grapples with these challenges, the implications for workers and businesses remain significant.
