Tuesday, October 22, 2013

September unemployment rate down 0.1% at 7.2%, 148,000 new jobs added

Credit: Calculated Risk
Shutdown-delayed electrons from the Bureau of Labor Statistics, showing the National Unemployment Rate was down 0.1% for September 2013 at 7.2%. The broader U6 unemployment rate fell 0.1% to 13.6%.

Chemical manufacturing employment fell 1,700 positions to 791,500 employed, the 2nd straight month of declines. 

The unemployment rate for bachelor's degree holders was up 0.2% to 3.7%; the unemployment rate for non-high-school-degree holders was down 1.0% to 10.3%. 

All in all, no real progress, but no real steps back. Thanks, as always, to Calculated Risk Blog.

UPDATED: Fixed some numbers. 

1 comment:

  1. It looks like previous recessions were too brief, too shallow, or too noisy to observe the linear recovery trend. I have to wonder: Are there economic "laws" governing the slope?