HelpWanted.com

Job creation slows down with just 194,000 jobs added last month

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 


Tags In
Data Science Jobs VDA

Previous days news

Oct 8 Oct 7 Oct 6 Oct 5 Oct 4

You might also like

Best tech jobs in the United States : BLS data

For several reasons, the IT sector is appealing to job seekers. ...Read more

Salaries for Californian fast food employees might rise to $22 per hour

Despite the opposition of restaurant owners who worried it would raise customers' bills, California Governor Gavin Newsom on Monday signed a nation-leading law providing more than 500,000 fast food employees additional authority and rights. ...Read more

Workers leave as job dissatisfaction grows

Demands for improved pay and workplace environments are coming from workers in California to New York. ...Read more

Microsoft offers graduates from African nations job prospects in the US & Canada

New graduates from institutions in Nigeria and other African nations have been made aware of job prospects by Microsoft. ...Read more

Casper is hiring professional sleepers

A mattress company is searching for a role where napping while working is not only acceptable but also required. 'Casper Sleepers' are being hired by Casper, a New York-based business established in 2014. ...Read more

Others news
Category
Tags
Tier 2 New-collar Jobs India BHEL Job Loss In India Drone Technology Zoho Hiring India Hiring Remote Learning Challenges Openings In India ESW IMF Health Officers Renewable Energy SWAN Upskill Job Reservation Job Creations Job Exchange Urban Company Career Switch Remote Working Indian Military Job Oppo American Express Unemployment Rate India MSMEs Indian Oil COVID 19 Vaccine Jobs In Jaipur Downfall Power Grid MSME Government Of India Zomato Tejas Fighters HQ Southern Command Remote Jobs DRDO Exhibition Informal Workers Labor Market Twitter Crime Jobs In Infosys Gramin Dak Sevaks Delivery Jobs Recession WhiteHat Jr Corporation Jobs
Articles

Millennials Care About These 8 Things at Their Workplace - Are Your Offering Those?

Millennials are considered to be social people, who live by the ‘work hard play hard’ mantra and ar ...Read more

Effective Ways to Stay Productive While Telecommuting

Remote working is not a new thing in the US but a lifesaver in the current situation when social di ...Read more

The Future of Gig Employment

There’s no denying that the gig economy has seen much growth since the last recession. With the spr ...Read more

All you need to know about the teaching profession

Teaching jobs: transformative teacher roles you can undertake amidst the teacher shortage in the US ...Read more