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September’s job report saw a gain of 661,000 nonfarm jobs, according to the U.S. Bureau of Labor Statistics’ monthly employment report. The improvements are a reflection of the continued resuming of activities due to COVID-19. Employment rose in leisure and hospitality. Other gains include leisure and hospitality, retail trade, healthcare and social assistance and professional and business services. Losses occurred in state and local government education.
September’s unemployment rate declined to 7.9%, down from 8.4% in August. The civilian labor force participation was 61.4%, slightly down from 61.7% in August.
The report found that in September, average hourly earnings for employees on private, nonfarm payrolls was $29.47.