The U.S. economy added 142.000 jobs in September – Move To America
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The U.S. economy added 142.000 jobs in September

ID-100329056The U.S. unemployment rate remained at 5.1 percent in September, its lowest level since 2008, as 142.000 new jobs were added last month. According to the Labor Department, 62.4% of the U.S. adults were either employed or actively looking for work. Even though these figures are not as high as some economists had anticipated, the fact that the jobless rate hasn’t risen is still a positive sign. The number of unemployed people was about 7.9 million. In terms of wages, the average hourly earnings were $25.09 or 2.2% higher than the same month in 2014.

Employment went up in health care, information and retail, whereas the manufacturing and the oil and gas industries remained on hold. This shows that consumers and their continuous spending are still powering the U.S. economy.

Between January and September, the U.S. economy gained on average 198.000 a month.

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