Market Updates
U.S. Economy Added Jobs At Brisk Pace In September
Brian Turner
06 Oct, 2023
New York City
Nonfarm payroll additions in all levels of government and private sector soared 336,000 in September, the U.S. Bureau of Labor Statistics reported Friday.
Moreover, employment in July and August were revised higher by a combined 119,000.
The July employment change was revised higher by 79,000, from 157,000 to 236,000, and for August was revised up by 40,000, from 187,000 to 227,000.
The surge in employment reflected the widening demand for employees in the service sector.
Jobless rate in the month increased to 3.8% and average hourly wages rose 0.2% from the previous month and jumped 4.2% from a year ago.
Despite the surge in hiring over the last two years, the labor force participation rate has remained nearly unchanged, indicating a steady and elevated level of employees retiring or choosing to leave the labor force.
Both the labor force participation rate, at 62.8%, and the employment-population ratio, at 60.4%, were unchanged over the month.
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 |
|---|