According to the BLS’ latest “The Employment Situation” report, the nation’s private sector added 104,000 new jobs to the national economy in September, nearly matching August’s total job creation.
Although employment declined in sectors like manufacturing and information, a majority of the nation’s largest sectors still reported hiring increases last month.
- Finance: Hiring remained robust, as 13,000 new jobs were generated. As is often the case, a majority of the hiring occurred in depository credit intermediation and commercial banking, which added 3,900 and 3,300 new jobs, respectively.
- Healthcare: As expected, hiring rose within the sector yet again in September, as 43,500 new jobs were created. Ambulatory health care services and hospitals accounted for most of the hiring, adding 29,800 and 8,000 new jobs to the economy, respectively.
- Leisure and Hospitality: Despite a decline in accommodation hiring, sector employment increased by nearly 11,000, mainly due to a steady rise in food services and drinking places employment.
- Professional and Business Services: For the fourth consecutive month, the sector reported a rise in employment, as 13,000 professionals were hired. Since January, the sector has created an average of roughly 42,000 new positions each month.
- Retail Trade: Employment continued to uptick in September, as 9,400 professionals were hired, an increase of 3,300, when compared to August’s figures. Hiring was especially noticeable in clothing stores, which added 9,500 jobs to the economy.
- Transportation and Warehousing: Transit and ground passenger transportation and warehousing and storage employment rose considerably in September, increasing by 9,200 and 4,300, respectively. In all, the sector hired 17,100 employees last month.