By Thomas Ahearn, ESR News Blog
The private sector continues to trend up modestly and lead economic recovery, according to the latest jobs report from the Department of Labor (DOL) that showed the private sector added 64,000 jobs in September 2010.
During a speech the same day as the release of the report, President Barack Obama hailed another month of modest job growth in the private sector by saying the private sector had added jobs for nine straight months, while also conceding that tough times carry on for millions of unemployed people.
According to the U.S. Bureau of Labor Statistics (BLS) ‘THE EMPLOYMENT SITUATION — SEPTEMBER 2010’ report, the number of unemployed persons was essentially unchanged at 14.8 million and the unemployment rate held at 9.6 percent in September.
However, the U.S. economy lost 95,000 nonfarm jobs in September overall as Government employment fell by 159,000, mostly due to the departure of 77,000 temporary Census 2010 workers from federal government payrolls and a decline of 76,000 in local government employment.
- Health care employment rose by 24,000 jobs in September, and health care employment has risen by an average of 21,000 jobs per month this year.
- Professional and business services added 28,000 jobs in September, with temporary help services accounting for most of the gain.
- Leisure and hospitality employment increased by 34,000 jobs over the month in food services and drinking places and has risen by 104,000 jobs so far in 2010.
- Mining employment continued to trend up over the month by adding 6,000 jobs, and has added 77,000 jobs since a recent low in October 2009.
Employment in manufacturing, wholesale trade, retail trade, transportation and warehousing, information, and financial activities showed little change in September, according to the jobs report. Employment in construction edged down (-21,000 jobs) over the month.
Lastly, Government employment fell by 159,000 in September. Approximately 6,000 temporary census workers for the once-in-a-decade U.S. Census remain on the federal government payroll, down from a peak of 564,000 in May 2010.