Washington, DC- The Bureau of Labor Statistics reports that the unemployment rate in September decreased to 7.8% as the economy added 114,000 new jobs. While still below the monthly average of 146,000 jobs per month, the Bureau also revised upward employment numbers for August and July. The change in total nonfarm payroll employment for July was revised from +141,000 to +181,000, and the change for August was revised from +96,000 to
Another factor was a decrease in those who lost jobs or completed temporary jobs, which the Labor Department says decreased by 468,000 in September to 6.5 million. When combined with other factors, total employment in September rose by 873,000 people, causing the unemployment rate to fall to the lowest since January of 2009 at the height of the recession.
The Labor Department reports the biggest job gains were in health care, transportation, and warehousing.
You can read the full report at: