BLS: “The unemployment rate decreased to 7.8 percent in September, and total nonfarm payroll employment rose by 114,000, the U.S. Bureau of Labor Statistics reported today. Employment increased in health care and in transportation and warehousing but changed little in most other major industries.”
ADP: “Employment in the U.S. nonfarm private business sector increased by 162,000 from August to September, on a seasonally adjusted basis. The estimated gains in previous months were revised lower: The July increase was reduced by 17,000 to an increase of 156,000, while the August increase was reduced by 12,000 to an increase of 189,000.”
In sum, growth is happening, if slowly. We’re seeing the first green shoots emerging from the soil after the spring thaw here. ADP’s hedging on their previous numbers makes this month’s performance all the more noteworthy. It’s also worth noting here that as we move into Q4, we’re likely to see sharp spikes in hiring due to temporary, seasonal jobs being added. That’s why September’s numbers are so crucial: it’s the last true measure of employment statistics that we’ll get for the rest of the year. And it looks promising.
Elsewhere on the web:
- Everything you need to know about the Apple vs. Samsung slap-fight in 97 seconds. via Mashable
- Venture capitalist and Sun Microsystems co-founder Vinod Khosla shares what he looks for in a resume. via TechCrunch.
- Comedian Todd Barry gives dating advice, tips on subway etiquette, and why you shouldn’t feel guilty for not helping your friend move. via Gothamist
- CareerBuilder, a little late to the party, confirms what we’ve known all along: temp work is the future. via StaffingIndustry.com