Once again we have a jobs report from the Department of Labor where the unemployment remains unchanged. The unemployment rate remains at 9.1%, but in September, unlike in August, the economy did add jobs. Government employment went down again, but 103,000 more jobs were added in the private sector than were lost in the public sector. Here's a look at the
unemployment trends from the Bureau of Labor Statistics:

Here are
some of the key data from other areas we like to track in the monthly
jobs report:
The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) rose to 9.3 million in September. These individuals were working part time because their hours had been cut back or because they were unable to find a full-time job.
In September, about 2.5 million persons were marginally attached to the labor force, about the same as a year earlier. (The data are not seasonally adjusted.) These individuals were not in the labor force, wanted and were available for work, and had looked for a job sometime in the prior 12 months. They were not counted as unemployed because they had not searched for work in the 4 weeks preceding the survey.
Among the marginally attached, there were 1.0 million discouraged workers in September, down by 172,000 from a year earlier. (The data are not seasonally adjusted.) Discouraged workers are persons not currently looking for work because they believe no jobs are available for them. The remaining 1.5 million persons marginally attached to the labor force in September had not searched for work in the 4 weeks preceding the survey for reasons such as school attendance or family responsibilities.
Read the full report from the BLS here.
Posted
10-07-2011 9:15 AM
by
Graham Griffith