Breaking News

Modest Job Growth For US in September

October 22, 2013

Economy adds 148,000 jobs; unemployment dips to 7.2%.

The U.S. created a modest 148,000 jobs in September and the number of people hired in August was higher than previously indicated, according to data released Tuesday.The nation’s unemployment rate dropped in September to 7.2% from 7.3%, as more people found work, marking the lowest jobless rate since November 2008, according to figures released today by the Labor Department.


Economists surveyed had forecast a 185,000 gain in new jobs.


Though the gain was below consensus expectations, stocks rose in early trading. The Dow Jones Industrial Average, for example, increased more than 100 points.


The long-delayed September employment report, which was supposed to be released almost three weeks ago, pointed to an economy that was growing at a modest if choppy pace toward the end of summer. Yet the closure of the federal government in the first half of October rattled businesses and consumers and might have put a damper on hiring intentions for the rest of the year.
blog comments powered by Disqus
  • Long Term Sustainability In the Nonwovens Market

    Long Term Sustainability In the Nonwovens Market

    August 23, 2016
    Learn more at Cleaning Products USA, Nov. 9-11, 2016

  • Fro Yo!

    Fro Yo!

    Tom Branna, Editorial Director||August 22, 2016
    Project Beauty dishes out Hairgurt, a line of vitamin-rich hair shampoos and conditioning masques.

  • TLC for Those Who Need It Most

    TLC for Those Who Need It Most

    Christine Esposito, Associate Editor||August 22, 2016
    New curriculum debuting at Bellus Academy helps estheticians treat a population that needs TLC.