From Dallas Express · Dallas Express · · 1m
Private Sector Adds 46,000 Jobs As Government Payrolls Shrink
Private sector adds 46,000 jobs while government payrolls shrink in U.S. economy.
In brief
Private sector adds 46,000 jobs while government payrolls shrink in U.S. economy. Private employers added 46,000 jobs in September as government payrolls fell by 17,000, with the U.S. economy gaining 29,000 jobs overall. Originally reported by Dallas Express.
Private Sector Adds 46,000 Jobs
Private employers added 46,000 jobs in September, while government payrolls fell by 17,000.
U.S. Economy Gains 29,000 Jobs
The U.S. economy gained 29,000 jobs overall, according to federal figures released Friday.
Bureau of Labor Statistics Report
The Bureau of Labor Statistics released the figures in its September employment report.
Unemployment Rate Edges Up
The unemployment rate edged up to 4.2% from 4.1% in August, though the agency described the change as small.
Revisions to July and August Figures
BLS now estimates that employers shed 10,000 jobs in July, reversing its earlier estimate of a 21,000-job gain.
August Job Gain Revised Down
The agency also reduced August's increase from 162,000 to 133,000 jobs.
What it means
Private employers added 46,000 jobs in September as government payrolls fell by 17,000, with the U.S. economy gaining 29,000 jobs overall.
