U.S. Adds Fewer Jobs Than Expected, But Unemployment Ticks Down

Unemployment down to 7.2 percent

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Justin Sullivan / Getty Images

Job seekers read event schedule materials during the Job Hunters Boot Camp at the San Mateo Event Center on October 16, 2013 in San Mateo, Calif.

The U.S. economy gained fewer jobs than forecast in September, but the unemployment rate still ticked down to 7.2 percent, the Bureau of Labor Statistics said Tuesday morning.

Non-farm payrolls increased by 148,000, less than the 180,000 Wall Street had expected. Part-time jobs dipped and full-time jobs increased, Business Insider reports, as employers slowly but surely continue to ramp up during a still-sluggish economic recovery. Job gains in August were revised upwards, and the unemployment rate dropped from 7.3 percent to 7.2 percent.

The September jobs report was supposed to come out earlier this month but was delayed because of the government shutdown. The latest numbers don’t yet reflect any economic impact of the 16-day shutdown.

2 comments
AndyJohnson1
AndyJohnson1

When "W" left office, according to Obama  and Hillary, unemployment was.6.7%.  According to them at the time, the worst since the great depression.  In 5 years of the Obama Admin., it has yet to get by to 6.7% and the media and Congress don't point this out?  Gas was $1.89 a gallon when "W" left office and that was terrible yet It still hasn't gotten below $2 a gallon. Katrina was handled terribly by "W', yet the folks in NY still can't get their insurance and lives back together after that storm.  Is someone deceiving us.  Is Congress lying to us. . Two or three years to get ready for the Affordable Health Care Act and people can't sing up, deductibles, $1,000, $2,000 to $4,000 and this is a better "deal" My deductible is $250 now.. They are lying to us and what can we do?