Surge of Hiring Cuts US Jobless Rate to Six-Year Low
Summary:U.S. employers added 248,000 new jobs in September, a burst of hiring that helped drive down the unemployment rate to 5.9 percent, the lowest since July 2008. Many economists consider an unemployment rate of 5.5% as a healthy level.We reported a few weeks ago that Fall is the Peak Hiring Season in the US, the Labor Department's announcment on October 3 confirmed our analysis.
U.S. employers added 248,000 new jobs in September. This burst of hiring has helped cut the jobless rate to 5.9 percent, the lowest since July 2008. Many economists consider an unemployment rate of 5.5% as a healthy level.
The job gains were broad-based and included many higher-paying industries. Professional and business services, which includes software developer, engineers, accountants, financial analysts, and architects, added 81,000 jobs, the most in seven months. Please visit our blog to see the detailed unemployment rate by occupation, age and gender.
U.S. economy finally recovered. The employers are desperately looking for skilled foreign workers. It is time for you to update your career profile and pitch potential employers now!
U.S. employers added 248,000 new jobs in September. This burst of hiring has helped cut the jobless rate to 5.9 percent, the lowest since July 2008. Many economists consider an unemployment rate of 5.5% as a healthy level.
The job gains were broad-based and included many higher-paying industries. Professional and business services, which includes software developer, engineers, accountants, financial analysts, and architects, added 81,000 jobs, the most in seven months. Please visit our blog to see the detailed unemployment rate by occupation, age and gender.
| Occupation | Unemployment Rate 09/2014 | Unemployment Rate 09/2013 |
| Management | 2.3 | 3.0 |
| Business and financial operations | 2.7 | 4.1 |
| Computer and mathematical | 2.8 | 4.5 |
| Architecture and engineering | 2.4 | 2.3 |
| Life, physical, and social science | 2.8 | 2.8 |
| Education, training, and library | 3.3 | 3.7 |
| Healthcare practitioner and technical | 2.4 | 2.3 |
| click here to view all occupations by gender | ||
U.S. economy finally recovered. The employers are desperately looking for skilled foreign workers. It is time for you to update your career profile and pitch potential employers now!
