Wall Street Expects Modest August Job Growth Amid Summer Hiring Slump

Analysts anticipate a slight increase in U.S. employment for August, potentially marking a third consecutive year of summer hiring slowdowns, with the influx of Haitian refugees cited as a potential variable in labor market data.

3 Sept, 13:33 — 3 Sept, 13:33

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marketwatchMostly Factual1d ago

August jobs report could show a summer hiring slump. Haitian refugees are a wild card.

Is the U.S. economy enduring a summer hiring slump for the third year in a row? Wall Street expects only a small increase in new jobs in August, but the news probably won’t be all bad.

By Jeffry Bartash

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Wall Street Expects Modest August Job Growth Amid Summer Hiring Slump

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August jobs report could show a summer hiring slump. Haitian refugees are a wild card.

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