manufacturing jobs
Unemployment rate remains at 9.1% despite slightly improved jobs picturePosted by RJ and Makay on Oct 07, 2011 |
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The U.S. economy added more jobs than expected last month as non-farm payrolls added 103,000 jobs in September, the Labor Department said today. Payroll data for the previous two months were revised upwards by a total of 99,000, indicating that 57,000 jobs were added in August and 127,000 in July. Despite the revisions and the September gain, the unemployment rate remained unchanged at 9.1% for the third month in a row.
Non-farm payrolls were unchanged in August as the U.S. economy failed to add jobs for the first time in 11 months, according to the Labor Department. The stagnant performance in was down sharply from a revised 85,000 gain in July jobs, and below economist’s consensus August forecasts of 60,000 new jobs. The unemployment rate also remained unchanged at 9.1%.
The U.S. economy added only 18,000 jobs in June as sluggish job gains put a damper on the slow economic recovery for the second month in a row. The number fell far short of 105,000 jobs that economists had predicted for the month. The unemployment rate rose to 9.2% from 9.1% the previous month.
