Us non farm employment increased by 661000 in September after quarter adjustment, and the unemployment rate in September was 7.9percent

category:Finance
 Us non farm employment increased by 661000 in September after quarter adjustment, and the unemployment rate in September was 7.9percent


Employment in leisure and hotel, retail trade, health care and social assistance, and professional and business services increased significantly in September, according to the Bureau of labor statistics. Novel coronavirus pneumonia is continuing to recover and the efforts to control the epidemic are reflected in the improvement of the labour market.

According to the Bureau of labor statistics, from March to August, the U.S. Bureau of labor statistics will publish an estimate of the unemployment rate including misclassified workers. If the same method is used, the overall unemployment rate in September will be 0.4 percentage points higher than reported, but this is the biggest error caused by data misclassification. (last months error was 0.7 percentage points)

However, it is worth noting that the final annualized quarterly rate of real GDP in the second quarter of the United States recorded - 31.4%, still the largest decline since records began.

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