indeptex53 Wrote:
Oct 05, 2012 10:32 AM
According to the BLS, government jobs grew 18,000 in July, 45,000 in August, and 10,000 in September, accounting for nearly 17% of total gains. Those government increases reverse the trend of recent years, in which public sector jobs had been cut while the private sector had experienced modest job growth. The total number of jobs added in September was 114,000, according to the BLS--well below the monthly average in recent years, and far below the July jobs increase, which had been described as good. Economists had predicted a rise of 111,000 to 113,000 jobs--but that rise would have meant a rise in the unemployment rate from 8.1% to 8.2%.