IMPORTANT NOTICE | Mayberry Investments Limited is a cashless institution.

Mayberry Investments Limited is a cashless institution.
Please note that cash deposits into any Mayberry account held at commercial banks, whether made in-branch or via Automated Banking Machines (ABMs), are not accepted and will not be processed. For information on accepted payment methods, please contact your Investment Advisor.

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
November 12, 2026   Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for November 3, 2026, was J$9…
MIL
November 12, 2026   Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for November 2, 2026, was J$9…
shutterstock_382756177
November 12, 2026   Caribbean Assurance Brokers Limited (CABROKERS) Unaudited Financial Results for the Nine Months Ended September 30, 20…
shutterstock_453968572
November 12, 2026   United States:   Long-Dated US Debt Rises as Nvidia Woes Revive Haven Demand   Long-dated Treasuries rose…
shutterstock_537598660
November 12, 2026 Wisynco Group Limited (WISYNCO) Unaudited financials for the first quarter ended September 30, 2026: Wisynco Group Limited …
shutterstock_382756177
November 11, 2026 Sagicor Group Jamaica Limited (SJ) Unaudited Interim Financials for the Nine Months Ended September 30, 2026 Sagicor Grou…
shutterstock_382756177
November 11, 2026   Regency Petroleum Limited (RPL) Unaudited financials for the nine months ended September 30, 2026: Regency Petrol…
shutterstock_148562033
November 11, 2026   Image Plus Consultants Limited (IPCL) has advised that a connected party sold a total of 295,468 IPCL shares during the…