August’s initial count was revised up dramatically, from 201,000 to 270,000, while July’s numbers came up as well, from 147,000 to 165,000. The revisions bring the three-month average growth to 190,000 while the 12-month average gain is 201,000.
Job gains for September were concentrated in professional and business services, which rose by 54,000. Health care saw 26,000 new positions while transportation and warehousing was up 24,000. Construction continued to show gains with 23,000, while new hires in manufacturing increased by 18,000 thanks to a gain in durable goods-related industries.
Leisure and hospitality represented the most significant decline, with 17,000 jobs lost, which the government said could have been attributable to Florence.
The decline in the unemployment rate did not come, as it has in past, from a labor force shrinkage. In fact, the civilian labor force increased by 150,000 and the participation rate was unchanged at 62.7 percent.
Those counted as not in the labor force did increase by 74,000, bringing that number to nearly 96.4 million.
The data release comes amid an otherwise strong time for the U.S. economy, which grew at an average rate of 3.2 percent in the first half of the year and could post an increase north of 4 percent for the the third quarter.
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