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HomeStaffing HiringUS positive factors 27,200 temp jobs; whole employment rises by 263,000

US positive factors 27,200 temp jobs; whole employment rises by 263,000

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October 07, 2022

The US gained 27,200 non permanent jobs in September from August for whole temp jobs of almost 3.2 million, the US Bureau of Labor Statistics reported immediately.

Complete nonfarm employment rose in September with the US gaining 263,000 jobs, bringing the variety of jobs to greater than 153.0 million. Nonetheless, September’s achieve was the smallest improve in whole jobs since April 2021.

The temp penetration fee — temp jobs as a share of whole employment — rose to 2.09% in September from 2.07% in August.

“The marginally slower development in total employment in September is an indication that the Federal Reserve’s makes an attempt to sluggish the financial system are starting to take maintain,” stated Barry Asin, president of Staffing Trade Analysts. “In the meantime, with ongoing strong development in non permanent employment and the variety of job openings persevering with to considerably exceed the variety of unemployed individuals, we consider that the surroundings stays optimistic for the staffing trade and others within the enterprise of serving to employers join with the expertise they want.”

Additionally reported: The US unemployment fee fell to three.5% in September, the identical degree it had been in July earlier than popping as much as 3.7% in August. The faculty-level unemployment fee additionally declined — edging downward to 1.8% in September from 1.9% the earlier month.

Notable job positive factors occurred in leisure and hospitality, which added 83,000 jobs, and healthcare, which added 60,000. Employment in healthcare has returned to its February 2020 pre-pandemic degree; nonetheless, leisure and hospitality stays beneath its pre-Covid degree.

The labor drive participation fee was little modified at 62.3% in September.

The BLS additionally reported the share of employed individuals who teleworked due to the Covid pandemic fell to five.2% in September from 6.5% in August. That compares to Might 2020 — the primary month this information was collected — when 35.4% of employed individuals teleworked due to the pandemic.

Hurricane Ian didn’t have a discernible impact on employment information for September.

For extra protection of the job report, obtain an evaluation by Staffing Trade Analysts.

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