The economy added 103,000 jobs last month. While that's enough to calm recession fears, that level of hiring won't lower the unemployment rate, which remained 9.1 percent for a third straight month.
Here are some details from the report:
| UNEMPLOYMENT RATE BY GROUP: | |||
| (Numbers in percentages) | |||
| Sept. 2011 | Aug. 2011 | Sept. 2010 | |
| White: | 8 | 8 | 8.7 |
| Black: | 16 | 16.7 | 16.1 |
| Hispanic: | 11.3 | 11.3 | 12.5 |
| Asian (not seasonally adjusted): | 7.8 | 7.1 | 6.4 |
| Adult men: | 8.8 | 8.9 | 9.7 |
| Adult women: | 8.1 | 8 | 8 |
| Teenagers: | 24.6 | 25.4 | 26 |
| 20-24 years old: | 14.7 | 14.8 | 14.9 |
| 25-54 years old: | 8.1 | 8.1 | 8.7 |
| 55 and over: | 6.7 | 6.6 | 7.2 |
| Veterans of Iraq/Afghanistan: | 11.7 | 9.8 | 10.2 |
| (not seasonally adjusted) | |||
| No high school diploma: | 14 | 14.3 | 15.4 |
| High school graduates: | 9.7 | 9.6 | 10 |
| Some college: | 8.4 | 8.2 | 9.1 |
| College graduates: | 4.2 | 4.3 | 4.5 |
| DURATION OF UNEMPLOYMENT: | |||
| Average length (weeks): | 40.5 | 40.3 | 33.4 |
| Jobless 6 months or more (pct.): | 44.6 | 42.9 | 41.8 |
| JOB CHANGES BY SECTOR: | Sept. 2011 | Aug. 2011 | |
| (net number of jobs) | |||
| Total jobs added: | 103,000 | 57,000 | |
| Private employers: | 137,000 | 42,000 | |
| Construction: | 26,000 | -7,000 | |
| Education and health care: | 45,000 | 38,000 | |
| Manufacturing: | -13,000 | -4,000 | |
| Recreation, restaurants, hotels: | -4,000 | 10,000 | |
| Professional and business services * | 48,000 | 38,000 | |
| Retail: | 13,600 | -800 | |
| Government: | -34,000 | 15,000 |
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
