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Tuesday, October 8, 2024

US Economy Adds 245K Jobs in September, Unemployment Drops Again

US employers added 254,000 jobs in September, while the unemployment rate dropped for a second straight month, according to a Friday report from the Bureau of Labor Statistics. After rising for most of this year, the unemployment rate dipped last month from 4.2% in August to 4.1%, the BLS added. Some of the industries that saw the biggest increases include restaurants and bars (69,000 jobs), healthcare companies (45,000), government agencies (31,000), social assistance employers (27,000), construction companies (25,000), and professional/business services (17,000).

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