U.S. Unemployment rate declined to 3.5% in September

October 4, 2019

Total nonfarm payroll employment increased by 136,000 in September as the unemployment rate declined to 3.5% based on information collected by The Bureau of Labor Statistics (BLS), job growth occurred in health care and in professional and business services.

Household Survey Data

Unemployment rate fell by 0.2 percentage point to 3.5% in September. Notably, there were 5.8 million recorded for the number of unemployed persons, a decline by 275,000 persons.

Among the major worker groups, teenagers had the highest unemployment rates (12.5%). As for the other groups, whites (3.2%), adult men (3.2%), adult women (3.1%), blacks (5.5%), Asians (2.5%) and Hispanics (3.9%).

In September, the number of persons unemployed for less than 5 weeks declined by 339,000 to 1.9 million. The number of the persons who have been jobless for 27 weeks or more

was slightly changed at 1.3 million and accounted for 22.7% of the unemployed.

Establishment Survey Data 

Total nonfarm payroll employment increased by 136,000 in September while average employment growth averaged 161,000 per month thus far in 2019, compared with an average monthly gain of 223,000 in 2018. In relation to job being gained in September 2019, notable increases were observed in health care with an increase in 39,000 jobs and in professional and business services with an increase of 34,000 jobs.

Analyst Certification -This research report is for information purposes only and should not be construed as a recommendation. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation (s) or view (s) expressed by that research analyst in this research report.

Company Disclosure -The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

 

 

 

 

More Stories from the Market
MIL
March 13, 2026 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for March 2, 2026, was J$8.78. MJE’s closi…
MIL
March 13, 2026 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for February 27, 2026, was J$8.90. MJE’s c…
shutterstock_341466863
March 13, 2026   TransJamaican Highway Limited (TJH) has advised that at a meeting of its Board of Directors to be held on March 19, 2026, …
shutterstock_556282549
March 13, 2026 Minister of Finance and the Public Service, Fayval Williams, has assured the public that Jamaica is well positioned to manage potent…
shutterstock_316932977-700x441
March 13, 2026 The government of Cuba has confirmed that it has held discussions with the administration of Donald Trump, according to the country’…
shutterstock_453968572
March 13, 2026 United States: US Consumer Spending Barely Rises After Weaker GDP Growth   US consumer spending barely rose in January afte…
shutterstock_537598660
March12, 2026 Blue Power Group Limited (BPOW) Unaudited financials for the nine months ended January 31, 2026: Blue Power Group Limited (BPOW) for …
shutterstock_148562033
March 12, 2026   Wisynco Group Limited (WISYNCO) has advised that on March 9, 2026, Executives sold a total of 2,594,821 WISYNCO shares. …