Job creation slows down with just 194,000 jobs added last month
The economic recovery in the US has hit another roadblock with employers adding just 194,000 jobs in September according to the data from the Bureau of Labor Statistics (BLS). This is another sign that covid has been hampering the recovery greatly. Job growth has been dramatically falling since August and this is the second straight month in which the economy added fewer jobs than expected. Data published by BLS shows that the unemployment rate fell from 5.2% to 4.8% in September. In addition to this, the Black unemployment rate too fell the most compared to all groups- from 8.8% to 7.9%. Meanwhile, unemployed groups in the country continue to struggle with child-care and health and are reluctant to return to work.
Hiring also saw a large drop in restaurants and bars as customers avoided travel and dining out. The leisure and hospitality sector added 74,000 jobs in September, underperforming the industry's monthly average gain of 197,000 this year. Another sector that struggled with hiring is education. Employment in local government education fell by 144,000 and 17,000 in state government education. The education sector also happens to be a major employer for women. So this fall in hiring also raises questions about equality in the jobs recovery. Women lost 26,000 jobs last month, while men gained jobs.
Source: CNN
Hiring also saw a large drop in restaurants and bars as customers avoided travel and dining out. The leisure and hospitality sector added 74,000 jobs in September, underperforming the industry's monthly average gain of 197,000 this year. Another sector that struggled with hiring is education. Employment in local government education fell by 144,000 and 17,000 in state government education. The education sector also happens to be a major employer for women. So this fall in hiring also raises questions about equality in the jobs recovery. Women lost 26,000 jobs last month, while men gained jobs.
Source: CNN
Category
Sexual Orientation
Severance Pay
Fiduciary Duty
Employee Conduct
Workplace Culture
Executive Compensation
Employee Surveys
Privacy
Artificial Intelligence
Employment Contracts
Mental Health Benefits
Analytical Aptitude
Investigations
Organization & Employee Development
Retaliation
Compensation & Benefits
Payroll
Intellectual Property
Hiring & Firing
Firing
Workers' Compensation
Cybersecurity
Inclusion, Equity &
Employee Resource Groups
Promotion
Disability Benefits
Religious Accomodations
Data Security
Benefits Reporting & Disclosure
Networking
Whistleblowing
Employment Law & Compliance
Affirmative Action
Recruiting
Workplace Harassment
Employee Data Privacy
Leadership &
Disaster Preparation & Response
Contemporary Issues
Campus Placement
Retirement & Recognitions
Hiring
Family & Medical Leave
Gender Identity
Policies & Practices
Employment Testing
Substance Abuse
Work Life Integration
Background Checks
Flexible Spending Account
Tags
Article
Return to Office: Tips to cope with Change
The past two years have been a roller coaster ride, we’ve all acclimatized ourselves with the work ...
7 Signs That Tell You It’s Time to Quit Your Current Job
Last year, about 4,478,000 workers, which is approximately 3% of the workforce in the US (besides t ...
Did You Lose Your Job During COVID-19? Here’s What to Do
First of all, know that you’re not alone in this. About 20.6 million Americans have lost their jobs ...
A complete breakdown of the US Commercial Drivers Licenses
In the United States of America to operate any type of large automobile, you need a license. This i ...
Comments