Jobs increase by 194,000 in September; unemployment falls to 4.8%
Both measures are improved considerably from the end of the February-April 2020 recession.
Edited by Margo Ellis
Share
The U.S. Bureau of Labor Statistics reported that the total nonfarm payroll employment rose by 194,000 in September, and the unemployment rate fell by 0.4% to 4.8%. The number of unemployed people fell by 710,000 to 7.7 million. Both measures are down considerably from their highs at the end of
The number of long-term unemployed (those jobless for 27 weeks or more) decreased by 496,000 in September to 2.7 million but is 1.6 million higher than in February 2020, prior to the pandemic. The long-term unemployed accounted for 34.5% of the total unemployed in September. The full report is here.
RELATED CONTENT
-
Ancient Roman Valves
The story of water supply in the ancient Roman Empire is grand.
-
ValvTechnologies and Severn Form Strategic Partnership
ValvTechnologies and Severn Glocon have reached a partnership agreement that will see collaboration between two of the world’s leading engineering and manufacturing companies specializing in innovative, high-end, severe-service valves.
-
Crane ChemPharma and Energy Announces New Saunders Valves Facility
The 100,000-sq-ft facility is planned to open in the fall of 2022.
 Unloading large gate valve.jpg;maxWidth=214)
