The Labor Market Delivers a Pre-Holidays Gift

After two dismal months of job market reports, October’s numbers were a welcome sign the labor market still has plenty of gifts to deliver ahead of the holiday season. As the Delta variant took hold near the end of the summer and peaked in mid-September, the pace of job gains slowed considerably. Simple logistics of candidates and hiring managers connecting for interviews affected how quickly we could recoup the millions of jobs that remained lost from the early impacts of the pandemic.