4703 Outlook

Economic Outlook: September 3, 2021

Sep 3, 2021  | Ep4703

The job picture is a complicated one. Several states ended unemployment benefits but that has yet to translate to massive gains in people going back to work. ---

American employers added 235,000 jobs in August even as the Delta variant has slowed some economic activity.

The unemployment rates dropped two-tenths of a point to 5.2 percent. Hiring was lower in places that require face-to-face contact.

Supply chain bottlenecks remain a concern for those surveyed in the Business Conditions Index. The Creighton University snapshot reported a monthly decline, but held at 68.9, well-above growth neutral.

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