Friday, October 2, 2015

September Jobs Up Nationwide, Unemployment Rate Steady

The nation added 142,00 jobs in September 2015 while the unemployment rate held steady at 5.1 percent. This month's growth comes in below the 12-month average of 229.000 jobs added.

“National job growth is looking good, but not great like it did earlier in the year," says State Employment Economist Nick Beleiciks. 

Jobs saw huge growth near the end of 2014 and in the beginning of 2015. See the graph below for more details.

"Most of the major sectors are continuing along their growth paths, but low oil prices are leading to severe job losses in the mining sector.”

The mining sector has seen losses of 102,000 jobs since its peak in December of 2015.

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