Friday, October 7, 2011

Slim job growth in September

Private sector employers added a meager 137,000 jobs in September, while the public sector continues to shed jobs according to the latest jobs report from the Bureau of Labor Statistics (BLS). The unemployment rate remained at 9.1 percent while the underemployment rate inched up to 16.5% (from 16.2%). Both the July and AUgust estimates were revised upward, but only slightly.