A wave of strikes and the collapse of a major carrier took a toll on US payroll growth in August.
The film and trucking industries saw a combined 54,000 drop in jobs in government data out Friday, mainly reflecting the bankruptcy of carrier Yellow Corp. and a Hollywood strike that extended to actors.
“Smoothing past these two one-off factors on the transportation and information sectors would have pushed August payroll gains above 200,000 – which is generally considered strong job growth for the US economy,” Aaron Terrazas, chief economist at Glassdoor Inc., said in a note.
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