U.S. Adds 134,000 Jobs in September, Jobless Rate at 48-Year Low

U.S. Adds 134,000 Jobs in September, Jobless Rate at 48-Year Low

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In September, the unemployment rate decreased from 3.9% to 3.7%, the lowest since 1969. Economists had predicted 185,000 jobs and a 3.8% unemployment rate. Average hourly earnings increased by $0.08 to $27.24, marking a 2.8% rise year-over-year. The labor participation rate remained at 62.7%. Revisions showed increased nonfarm payroll employment for July and August. Manufacturing saw a gain of 18,000 jobs, despite concerns about trade policies and Hurricane Florence's impact. The workweek in manufacturing slightly decreased, and leisure and hospitality employment remained stable, possibly due to the hurricane.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How many jobs did economists predict to be added in September?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the change in average hourly earnings year over year?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the labor participation rate in September?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What impact did Hurricane Florence have on job growth according to economists?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the unemployment rate in September?

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