September 2018 employment: US adds 134,000 jobs

According to ‘The Employment Situation‘ report released by the U.S. Department of Labor’s Bureau of Labor Statistics, the economy added 134,000 jobs, in September.

The unemployment rate declined two percentage points to hit 3.7 percent as the number unemployed persons reduced slightly to 6 million.

The number of long-term unemployed (those jobless for 27 weeks or more) was little changed in September sitting at around 1.4 million and accounted for 22.9 percent of the unemployed. Over the year, the number of long-term unemployed has declined by more than half a million.

Among the major worker groups, the unemployment rates for adult women (3.3 percent) and Whites (3.3 percent) declined in September. The jobless rates for adult men (3.4 percent), teenagers (12.8 percent), Blacks (6.0 percent), Asians (3.5 percent), and Hispanics (4.5 percent) showed little or no change over the month.

The change in total nonfarm payroll employment for July was revised from 147,000 to 165,000, and the change for August was revised down from 201,000 to 270,000. With these revisions, employment gains in those two months combined were 87,000 more than previously reported.

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