Nation added only 148,000 jobs in September

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WASHINGTON (MarketWatch) – The U.S. created a modest 148,000 jobs in September but the number of people hired in August was higher than previously reported, indicating an economy on a zigzag.

Construction added 20,000 jobs in September after six months of stagnation. Retail industries added 20,800 jobs, largely at food and beverage stores and automobile dealers, but that was a slower.

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Transportation and warehousing added 24,000 jobs over the month and 158,000 over the past 12 months. In June, job gains occurred among couriers and messengers (+7,000) and in air transportation (+3,000).

But job creation was a sluggish 148,000, not enough to keep up with the natural growth in the labor pool. The numbers for July and August were revised to show an additional 9,000 new jobs. Some 11.

Revisions to July and August figures added only 9,000 more jobs than previously reported. The nation’s unemployment rate, obtained by a separate survey of households, ticked down to 7.2% last month from 7.3% in August, due to more people finding work rather than dropping out of the labor force.

Economy caps a solid year of labor market growth with a somewhat disappointing gain of 148000 jobs Posted on January 6, 2018 by VFP Publisher – No Comments The U.S. labor market ended a year of solid growth on a disappointing note last month, but economists said tax cuts are set to breathe some new life into the gradually decelerating.

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Daniel Goodman/Business Insider The september jobs number is out and it’s a miss.. Just 148,000 jobs were created in September, well below the expectations of 180,000. The unemployment rate fell.