Photo: coldwaterman, Adobe Stock
Nonfarm payroll rose by a lower than expected 661,000 in September and the unemployment rate was 7.9%, the Labor Department said Friday in the final jobs report before the November election.
Economists surveyed by Dow Jones had been expecting a payrolls gain of 800,000 and the unemployment rate to fall to 8.2% from 8.4% in August. The payrolls miss was due largely to a drop in government hiring as at-home schooling continued and Census jobs fell.
The decline in the unemployment rate came along with a 0.3 percentage point drop in the labor force participation rate to 61.4%, representing a decline of nearly 700,000.
Latest from Nursery Management
- John Ruter named National Academy of Inventors Fellow
- University of Florida study unlocks secrets of invasive short-spined thrips
- IPPS announces organizational rebrand, new website and 2026 international membership drive
- Growscape appoints chief manufacturing officer, Brian Cunningham
- BioWorks introduces Sandrine Copper Soap and Cintro Insecticidal Soap
- Experts help Florida cemetery become state’s first to earn arboretum accreditation
- BioWorks appoints Jason Miller as director of sales and distributor relations manager
- Light a spark
