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The US lost 95,000 in September, private-sector payroll employment continued
to trend up modestly at 64,000 while the public sector shed 159,000 including
77,00 temporary census workers. The unemployment rate was unchanged at 9.6%, the
US Bureau of Labour Statistics reported today.
broad measure of unemployment rose to 17.1%.
The number of unemployed persons, at 14.8m, was essentially unchanged in
September, and the unemployment rate held at 9.6%.
Among the major worker groups, the unemployment rate for adult men (9.8%),
adult women (8.0%), teenagers (26.0%), whites (8.7%), blacks (16.1%), and
Hispanics (12.4%) showed little or no change in September. The jobless rate for
Asians was 6.4%, not seasonally adjusted.
The number of long-term unemployed (those jobless for 27 weeks and over), at
6.1m, was little changed over the month but was down by 640,000 since a series
high of 6.8m in May. In September, 41.7% of unemployed persons had been
jobless for 27 weeks or more.
In September, both the civilian labour force participation rate, at 64.7%,
and the employment population ratio, at 58.5%, were unchanged.
The number of persons employed part time for economic reasons (sometimes
referred to as involuntary part-time workers) rose by 612,000 over the month to
9.5m. Over the past 2 months, the number of such workers has increased by
943,000. These individuals were working part time because their hours had been
cut back or because they were unable to find a full-time job.
About 2.5m persons were marginally attached to the labour force in September,
up from 2.2m a year earlier. (The data are not seasonally adjusted.) These
individuals were not in the labour force, wanted and were available for work,
and had looked for a job sometime in the prior 12 months. They were not counted
as unemployed because they had not searched for work in the 4 weeks preceding
Among the marginally attached, there were 1.2m discouraged workers in
September, an increase of 503,000 from a year earlier. (The data are not
seasonally adjusted.) Discouraged workers are persons not currently looking for
work because they believe no jobs are available for them. The remaining 1.3m
persons marginally attached to the labour force had not searched for work in the
4 weeks preceding the survey for reasons such as school attendance or family
Establishment Survey Data
Total nonfarm payroll employment edged down by 95,000 in September.
Government employment fell by 159,000, reflecting both the departure of 77,000
temporary Census 2010 workers from federal government payrolls and a decline of
76,000 in local government employment. Private-sector payroll employment
continued to trend up (+64,000) over the month.
Health care employment rose by 24,000 in September. The increase was
concentrated in ambulatory health care services (+17,000). Health care
employment has risen by an average of 21,000 per month this year.
Within professional and business services, employment services added 28,000
jobs in September. Temporary help services accounted for most of the gain.
Within leisure and hospitality, employment in food services and drinking
places increased by 34,000 over the month and has risen by 104,000 thus far in
A reaction on the September employment data, with Mark Zandi, Moody's Analytics; Diane Swonk, Mesirow Financial; James Bullard, St. Louis Federal Reserve Bank CEO/president; Laurence Meyer Macroeconomic Advisers; John Taylor, former Treasury economic policy advisor:
Mining employment continued to trend up (+6,000) over the month. Mining has
added 77,000 jobs since a recent low in October 2009.
Employment in manufacturing changed little in September and, on net, has been
essentially flat since May. The industry added 134,000 jobs during the first 5
months of the year.
Employment in wholesale trade, retail trade, transportation and warehousing,
information, and financial activities showed little change in September.
Employment in construction edged down (-21,000) over the month, partly
offsetting an employment gain in August. Both the August and September changes
were concentrated among nonresidential specialty trade contractors. Construction
employment has shown little net change since February.
Government employment fell by 159,000 in September. A decline in federal
government employment was due to the loss of 77,000 temporary Census 2010 jobs.
As of September, about 6,000 temporary decennial census workers remained on the
federal government payroll, down from a peak of 564,000 in May. Employment in
local government decreased by 76,000 in September with job losses in both
education and noneducation.
An outlook on job drivers through business investments, with Frederick Smith, FedEx chairman/CEO:
In September, the average workweek for all employees was unchanged at 34.2
hours. The manufacturing workweek for all employees decreased by 0.1 hour to
40.1 hours, and factory overtime was unchanged at 3.0 hours. The average
workweek for production and nonsupervisory employees on private nonfarm payrolls
was unchanged at 33.5 hours.
Average hourly earnings of all employees on private nonfarm payrolls
increased by 1 cent to $22.67 in September. Over the past 12 months, average
hourly earnings have increased by 1.7%. In September, average hourly earnings of
private-sector production and nonsupervisory employees increased by 1 cent to
The change in total nonfarm payroll employment for July was revised from
-54,000 to -66,000, and the change for August was revised from -54,000 to
said earlier this week that "more
than 300,000 jobs are needed each month to pull down unemployment to prerecession
levels, and pay the taxes needed to finance the President’s ambitious social
agenda and industrial policies.
More troubling is core private sector jobs growth—private sector jobs
creation less government subsidized health care and social services, and
temporary services. That is likely to come in at about 35,000 for September.
Core private sector jobs growth tracks tax-paying jobs and is lower than a
snake’s belly, as the threat of higher taxes, regulation and health care costs
have just about exterminated entrepreneurial instincts and the appetite for risk
among businesses of any size.
After more than $800 billion in stimulus spending, sweeping health care
and bank reforms and reorganization, massive government buyouts at General
Motors and Chrysler, this paltry jobs performance is a sweeping indictment
against the tax, spend and regulate policies of Barack Obama, but he gets a pass
by dint of Republican incompetence."