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
  • Patent Update

    Patent Update

    June 30, 2016
    J&J's anti-aging patent, LVMH and cannabis essential oil, transdermal botulinum toxins and more in recent patent news.

  • Start Stuffing The Ballot Box (Again)!

    Start Stuffing The Ballot Box (Again)!

    June 28, 2016
    Vote on the finalists in Happi's reader's choice Anti-Aging Product of the Year contest!

  • What

    What's Next for the UK?

    Sarah Boumphrey, Euromonitor International||June 27, 2016
    Euromonitor weighs in on how Brexit could impact consumer product companies.

  • Sustainability is Omnipresent

    Sustainability is Omnipresent

    Christine Esposito , Associate Editor||July 1, 2016
    Industry stakeholders convene in New York City for Organic Monitor’s annual event

  • Perceived Perfection

    Perceived Perfection

    Christine Esposito, Associate Editor||July 1, 2016
    From primers to pressed powders, facial cosmetics help create the illusion of a flawless complexion.

  • Preserve & Serve

    Preserve & Serve

    Melissa Meisel , Associate Editor||July 1, 2016
    Suppliers with innovative preservatives provide staying power for formulations.