US adds 1,03,000 new jobs in Sep; unemployment rate at 9.1% | business | Hindustan Times
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US adds 1,03,000 new jobs in Sep; unemployment rate at 9.1%

Easing concerns over sluggish labour market, the US economy added 1,03,000 new jobs in September,a figure that is higher than expected.

business Updated: Oct 07, 2011 20:06 IST

Easing concerns over sluggish labour market, the US economy added 1,03,000 new jobs in September,a figure that is higher than expected.

"Non-farm payroll employment edged up by 1,03,000 in September, and the unemployment rate held at 9.1%," the US Labor Department said on Friday.

Official data further showed that 57,000 jobs were generated in August against a preliminary projection that no new jobs were created during that month.

Besides, the economy was anticipated to see around 60,000 new jobs in September.

The rise in employment numbers was partially due to return to payrolls of about 45,000 telecommunications workers who were on strike in August.

"In September, job gains occurred in professional and business services, health care and construction," the Labor Department said in a statement.

The encouraging employment figures comes amid rising concerns that the world's largest economy could see prolonged economic slowdown and even recession.

The count of unemployed people stood at 14 million last month and jobless rate has been hovering around 9 to 9.2% since April this year.

As per the statistics, the unemployment rate for adult men was 8.8% last month while that for adult women stood at 8.1%.

The number of long-term unemployed people -- those without a job for 27 weeks and more -- was 6.2 million in September.

"These individuals accounted for 44.6 percent of the unemployed," the statement noted.