September’s Job Report: Rate Drops to 3.5%

Oct 07, 2022

September’s job report saw a gain of 263,000 nonfarm jobs, according to the U.S. Bureau of Labor Statistics’ monthly employment report. Employment gains happened in leisure, hospitality and health care.

September’s unemployment rate was 3.5%, decreasing from 3.7% in August. The civilian labor force participation rate is at 62.3%, little changed from 62.4% in August.

The report found that average hourly earnings for employees on private, nonfarm payrolls was $32.46. Over the past 12 months, average hourly earnings have increased by 5.0%.



Leave a comment

Industry News

Salary Guides

Labor Trends

Job Descriptions

Affordable Care Act