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September's Employment Situation

On October 5, the Bureau of Labor Statistics (BLS) reported that total nonfarm payrolls increased by 134,000 in September. The largest sector gains occurred in professional and business services (+54,000), healthcare (+26,000), and transportation and warehousing (+24,000). The unemployment rate declined to 3.7 percent. The BLS also revised July's total nonfarm payroll up from +147,000 to +165,000 and total nonfarm payrolls in August up from +201,000 to +270,000. Read the full report here.


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