U.S. job growth likely rebounded last month as schools reopened and leisure and hospitality businesses stepped up hiring. But a persistent shortage of workers is restraining the labor market’s recovery, economists say.
Economists estimate that employers created 500,000 jobs in September, more than double the number added in August, according to a Wall Street Journal survey. The jobless rate is believed to have declined to 5.1% from 5.2% a month earlier.