Tim Holland, CFA, Senior Vice President, Global Investment Strategist
On this week’s podcast (recorded October 13, 2017), Tim discusses why the jobs market turned south after seven years of net job growth, and if the disappointing September report is a harbinger of a weakening economy or possibly even a recession.
- According to the Department of Labor, the U.S. lost 33,000 jobs in September, marking the first month in seven years that the labor market failed to expand.
- One can assume Harvey and Irma had a significant – and temporary – impact on the jobs market.
- While Hurricanes Harvey and Irma were tragic events, we don’t see them having a lasting, negative impact on the economy, which remains on very firm footing.
For Tim’s full insights, click here to listen to the audio recording.
The views expressed are those of Brinker Capital and are not intended as investment advice or recommendation. For informational purposes only. Holdings are subject to change. Brinker Capital, Inc., a Registered Investment Advisor.