Labor Market Resilience Despite Storms and Strikes

The Biden administration anticipates that the upcoming jobs report will reflect lower employment numbers due to recent hurricanes and strike actions. However, these disruptions are not expected to impact the ongoing trend showcasing a robust U.S. labor market, as stated by a White House official.

The White House is preparing for a potentially subdued jobs report this week, attributing expected lower employment figures to recent hurricanes and some strike activities.

According to a senior official, these anticipated fluctuations are not seen as signs of weakness in the U.S. labor market.

The labor market has consistently demonstrated resilience over the past several months, the official reassured during a call with journalists.

(With inputs from agencies.)