The unemployment rate decreased to 7.8 percent in September, and total nonfarmpayroll employment rose by 114,000, the U.S. Bureau of Labor Statistics reported today.
All American Investor
Employment increased in health care and in transportation and warehousing but changed little in most other major industries.
Household Survey Data
The unemployment rate declined by 0.3 percentage point to 7.8 percent in September.
For the first 8 months of the year, the rate held within a narrow range of 8.1 and 8.3 percent. The number of unemployed persons, at 12.1 million, decreased by 456,000 in September. (See table A-1.)