Market Updates
U.S. Payrolls Expand 263,000 In September
Brian Turner
07 Oct, 2022
New York City
The U.S. economy added 250,000 jobs in September, lower than unrevised 315,000 in August, the U.S. Bureau of Labor Statistics reported Friday.
The monthly non-farm payrolls increased slowest since April 2021.
The Leisure and hospitality sector added 83,000 jobs and the healthcare sector increased 75,400 jobs.
The Professional business services sector added 43,000 jobs and the manufacturing sector expanded by 22,000 jobs.
Construction added 19,000 net new jobs and wholesale trade added 11,000 in September.
However, financial services and transportation and warehouse lost about 8,000 jobs each in the month.
The shrinking pool of available workers also dragged down the unemployment rate to 3.5% from 3.7% in August, the Labor Department said.
Average monthly jobs added in 2022 edged down to 420,000, lower than 562,000 in 2021.
Before the release of the September month data, net new job additions averaged 439,000 in the first eight months of 2022, reflecting labor market strength and tight job market conditions.
With the September month job addition, the U.S. labor market is now about 500,000 larger than the pre-pandemic level.
Average hourly earnings increased 0.3% from the previous month and 5% from a year ago.
Annual Returns
Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
---|
Earnings
Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
---|