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
shutterstock_453968572
April 27, 2026   Berger Paints Jamaica Limited (BRG) has advised that at a Board Meeting held on April 22, 2026, the following changes were…
shutterstock_148562033
April 27, 2026   MFS Capital Partners Limited (MFS) has advised that a connected party purchased 1,982,628 MFS shares on April 16, 2026. …
shutterstock_382756177
April 27, 2026   Massy Holdings Ltd. (MASSY) has advised that at a meeting of its Board of Directors to be held on May 7, 2026, an interim …
shutterstock_316932977-700x441
April 27, 2026 Economic growth across the Caribbean slowed in 2025 as global uncertainty, climate-related shocks, and structural challenges weighed…
MIL
April 27, 2026 Mayberry Jamaican Equities Limited (MJE) has advised that the daily Net Asset Value (NAV) for April 21, 2026, was J$7.51. MJE’s clos…
shutterstock_537598660
April 27, 2026 Weekly Pick 04.27.2026 SVL   Disclaimer: Analyst Certification -The views expressed in this research report accura…
shutterstock_453968572
April 27, 2026   United States: Fed to Hold Interest Rates as Political Drama Overshadows Policy Debate   Federal Reserve of…
mje_
April 24, 2026 Mayberry Jamaican Equities (MJE) Unaudited Financial Results for the Three Months Ended March 31, 2026_USD Mayberry Jamaican …