The Bureau of Labor Statistics released its "Employment Situation Summary" for the month of September. The unemployment rate declined to 7.8 percent, while nonfarm payroll employment increased by 114,000.
The unemployment rate decreased to 7.8 percent in September, and total nonfarm payroll employment rose by 114,000, the U.S. Bureau of Labor Statistics reported today. Employment increased in health care and in transportation and warehousing but changed little in most other major industries.