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Economy Added 148,000 Jobs In September; Unemployment Fell To 7.2 Percent

By Bryce Covert  

"Economy Added 148,000 Jobs In September; Unemployment Fell To 7.2 Percent"

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The economy added 148,000 jobs in September and the unemployment rate fell to 7.2 percent, according to the latest data from the Bureau of Labor Statistics. Analysts had expected 185,000 jobs to be added. The report was delayed 18 days because of the government shutdown.

The report included revisions for previous months, with a revision of 15,000 fewer jobs in July but 24,000 more jobs than previously thought in August, for a total upward revision of 9,000.

The public sector added 22,000 jobs, including 9,500 local education teaching jobs. Another 20,000 jobs were added in construction. The increasing trend of hiring temp workers continued, with 20,000 jobs added in temporary help services.

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