194,000 jobs added in September: Job creation slowed down

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

Oct 11, 2021
263 views
0 comments
Share
Leadership Development

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

263 views
0 comments

Tags In

Data Science Jobs VDA

Previous days news

Oct 8 Oct 7 Oct 6 Oct 5 Oct 4

Best tech jobs in the United States : BLS data

Sep 06, 2022
597 views
0 comments
Background Checks

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

Sep 06, 2022
527 views
0 comments
Background Checks

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

Aug 17, 2022
627 views
0 comments
Background Checks

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

Aug 17, 2022
500 views
0 comments
Background Checks

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

Aug 10, 2022
669 views
0 comments
Background Checks

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

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

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

Tags In

Others news

Category

Tags

Articles