Healthcare Adds 41,000 Jobs

The government issued its September 2011 jobs report on Friday. Last month's report by the Department of Labor included several positive signs, among them that the average workweek rose to 34.3 hours from 34.2 hours, reversing a decline in August. Economists estimate that employers added  56,000 jobs last month and the unemployment rate remained stuck at 9.1 percent for the third straight month. On a positive note, the ISM's employment index for the manufacturing sector rose, suggesting factories added jobs last month, however manufacturing accounts for only about 10 percent of U.S. employment and can't boost hiring by much on its own. Several strongly performing industries continued to lead in job growth. Professional and business services added 48,000 jobs, while healthcare added 41,000. The average hourly earnings jumped to $23.12 from $22.08.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>