Unemployment rate was unchanged in SeptemberThe U.S. unemployment rate remained at 9.6 percent in September as the economy lost 95,000 jobs, according to USA Today.
Private employers added 64,000 jobs in September, which was slightly less than the 75,000 jobs economists were expecting. Those modest gains were offset by local governments faced with severe budget pressures cutting 76,000 jobs and the Census Bureau laying off 77,000 temporary workers.
In September, the leisure and hospitality sector gained 38,000 jobs; health care sector gained 32,000 jobs; and retail sector gained 5,700 jobs. Additionally, the government sector cut 159,000 jobs; construction sector cut 21,000 jobs; and manufacturing sector cut 6,000 jobs.
There currently are 14.8 million unemployed workers in the U.S.
Date : 10/11/2010