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  • Writer's pictureNick Andriacchi

Analysis of the September Employment Report

inside the numbers:



  • Prime age labor force participation rate (ages 25-54) was down this month by .5% to 80.9%. This remains a full 1.7% lower than last year. Part of this decline has to do with parents staying home while their children are on-line learning. It may also partly explain why many staffers are having trouble filling open job orders.

  • The overall labor force participation was down .3% to 61.4%.

  • Average hourly earnings for all employees on private nonfarm payrolls increased by 2 cents to $29.47.

  • The average workweek for all employees on private nonfarm payrolls rose by 0.1 hour to 34.7 hours in September. In manufacturing, the workweek rose by 0.2 hour to 40.2 hours, and overtime decreased by 0.1 hour to 2.9 hours. The average workweek for production and nonsupervisory employees on private nonfarm payrolls rose by 0.1 hour to 34.1 hours.

  • Continuing claims from those filing for at least two weeks fell by 980,000 from the previous week to 11.77 million.

  • Private payrolls rose by a better than expected 749,000 in August, according to a report from ADP. The sharp drop in government workers is a large part of the difference between the jobs gains posted by the BLS vs. ADP.

Source: US Bureau of Labor and Statistics, ADP

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