September’s job report saw a loss of 33,000 nonfarm jobs, according to the U.S. Bureau of Labor Statistics’ monthly employment report. There was a decline in food services, drinking places and in some industries that were likely impacted by Hurricanes Irma and Harvey. Employment did rise in health care, transportation and warehousing.
Over the past three months, job gains have averaged 91,000 per month.
September’s unemployment rate dropped to 4.2%, down from 4.4% in August. The civilian labor force participation rose slightly to 63.1%.
The report found that in September, average hourly earnings for employees on private, nonfarm payrolls increased by 12 cents to $26.55. Over the year, average hourly earnings have risen by 2.9%.