September’s job report saw a gain of 136,000 nonfarm jobs, according to the U.S. Bureau of Labor Statistics’ monthly employment report. There was an increase in healthcare and professional and business services.
Over the past three months, job gains have averaged 157,000 per month.
September’s unemployment rate dropped to 3.5%, down from 3.7% in August. The civilian labor force participation was 63.2%, the same as August.
The report found that in September, average hourly earnings for employees on private, nonfarm payrolls declined by 1 cent to $28.09. Over the year, average hourly earnings have risen by 2.9%.