263,000 +
Total Jobs Added*
(* Non-Farm Jobs Only)
3.5 %
Unemployment Rate
(Up 2% from August)
Total Non-Farm payroll employment increased by 263,000 in September. The unemployment rate decreased slightly to 3.5%. Notable job gains occurred in Leisure and Hospitality and in Healthcare. In September, average hourly earnings for all employees on private non-farm payrolls rose by 10 cents, or 0.3%, to $32.46. Over the past year, average hourly earnings have increased by 5.0%. In September, average hourly earnings of private-sector production and nonsupervisory employees rose by 10 cents, or 0.4%, to $27.77.
Industry-Specific Updates – September 2022
Professional & Business Services +46,000
- Temporary Help Services: +27,000
- Investigation and Security Services:
+9,000 - Scientific Research and Development Services: +5,000
Healthcare
+60,000
- Ambulatory Healthcare: +28,000
- Hospitals: +28,000
- Employment in Healthcare attained the February 2020 level
Leisure & Hospitality
+83,000
- Food Services and Drinking Places: +60,000
- Employment rate is below the February 2020 level
Manufacturing
+22,000
- Motor Vehicles and Parts: +8,000
- Fabricated Metal Products: +6,000
- Electrical Equipment and Appliances: 3,000
Financial Activities
- Insurance: -9,000
- Nondepository Credit: -7,000
- Depository Credit: +5,000
Construction
+19,000
- Specialty Trade Contractors: +18,000
Wholesale Trade
+11,000
- Average of 18,000 jobs added per month in 2022
Additional Growth Sectors
- Transportation: +3,000
- Mining, Retail Trade, Information Services, and Government (No change in employment trends)
Source: The US Bureau of Labor Statistics
For more information on our IT services and talent solutions, please write to us at [email protected]
