NEWS

Unemployment Rate Edges Up In The U.S.

The U.S. economy created 156,000 jobs in September, slightly fewer than expected.

Phot credit: whitehouse .gov
Photo credit: Whitehouse .gov

However, August’s figure was revised higher to 167,000 from 151,000.

Both figures are lower than 180,000 average for this year.

The unemployment rate edged up to five percent from 4.9 percent, although that was due to more people looking for work.

The U.S. Department of Labor said job gains occurred in professional and business services and in health care.

The pace of jobs growth throughout 2016 lags behind that of 2015 when job creation was averaging 229,000 a month.

Pollyanna Davy, Readers Bureau, Fellow

Edited by Jesus Chan

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