US Unemployment Rate Falls to 7.8 Percent in September, 114K Jobs Added

US Jobless Rate:  The Bureau of Labor Statistics reports that the unemployment rate decreased to 7.8 percent in September, and total nonfarm payroll employment rose by 114,000. Employment increased in health care and in transportation and warehousing but changed little in most other major industries. The unemployment rate in the black community ticks down to 13.4 percent.

Among the major worker groups, the unemployment rates for adult men (7.3 percent), adult women (7.0 percent), and whites (7.0 percent) declined over the month. The unemployment rates for teenagers (23.7 percent), blacks (13.4 percent), and
Hispanics (9.9 percent) were little changed. The jobless rate for Asians, at 4.8 percent (not seasonally adjusted), fell over the year. Source: BLS

This was cross-posted from The Hinterland Gazette.

Author: JANET SHAN

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8 Comments

  1. Joe Scarborough ain’t buying it. “Numbers don’t add up”.

    From the Christian Science Monitor:

    [An important footnote for the statistically curious: When the Labor Department gives its monthly report, it's really giving data from two different surveys – one of ordinary people and one of employers. News reporters latch onto one key number from payroll employers (that's the total of how many jobs they have added or eliminated in the month) and one key number from households (the unemployment rate).

    But the household survey offers its own window on the number of job gains in the economy, separate from the payroll tally.

    The two surveys generally show the same trend for employment, but they can sometimes diverge in a given month. The unemployment rate can rise when payroll jobs are growing, for example, if the household survey finds fewer people saying they have a job.]

    And vice versa, I would suppose.

  2. The Ohioan — I knew the right wing will try to spin this. So, the polls lie and now the BLS lies for Obama’s benefit. Wow.

  3. JS, and fact checkers.

  4. Ezra Klein writes in his: September jobs report: Debunking the jobs report conspiracy theories

    Let’s get one thing out of the way: The data was not, as Jack Welch suggested in a now-infamous tweet, manipulated. The Bureau of Labor Statistics is set up to ensure the White House has no ability to influence it. As labor economist Betsey Stevenson wrote, “anyone who thinks that political folks can manipulate the unemployment data are completely ignorant of how the BLS works and how the data are compiled.” Plus, if the White House somehow was manipulating the data, don’t you think they would have made the payroll number look a bit better than 114,000? No one would have batted an eye at 160,000.

    September 2012 Unemployment

    September 2012 New Jobs

  5. @SteveK;

    Where in the heck did you get these charts?

    Five straight months of humongous job losses during the Bush administration — culminating in 850,000 jobs lost in January 2009, the last month of Bush’s presidency?

    No, this can’t be right, not under a Republican administration. There has to be some explanation.

    Oh yes, I remember now, the economy was anticipating an Obama administration.

    Just as the economy and the jobless situation is improving now because we are anticipating a Romney win.

  6. I hope that’s sarcasm Dorian De Wind.

  7. @Dorian:

    It’s pretty easy finding a graph or chart for just about anything. To find these I Googled ‘Employment September 2012′… then clicked ‘Images’… and then ‘Past 24 hours.’

    From there you can take your pick though I try to link to as moderate a site as I can to help keep the ‘partisan site’ argument against the data at arms length.

    The Employment graph came straight from the horses mouth… The White House Blog – The Employment Situation in September

    And the Unemployment graph came from Mediabistro – Unemployment Rate Falls To 7.8 Percent, A 44-Month Low

    I’ll give credit and link to the source site in the future.

  8. @ Rambie, yes it was — dripping with it :)

    @ SteveK: Thanks for all the work you do to keep these discussions “straight and level,” and well-documented.

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