The U.S. economy added 248,000 jobs in September while the unemployment rate decreased slightly to 5.9%, according to the Bureau of Labor Statistics' Employment Situation Summary. The unemployed rate dipped below 6% for the first time since the 2008 recession. The number of long-term unemployed persons was essentially unchanged at 3.0 million and accounted for 31.9% of the total unemployed.
In September, job growth gained the most traction in professional and business services (+81,000), retail trade (+35,000), and health care (+23,000). Employment in other major industries including manufacturing, transportation, and government changed little over the month. Temporary help services increased in September with 19,700 new jobs, up 0.7% over last month.
Wages were flat month-over-month and up 2% on a year-over-year basis. The average workweek for all employees edged up by 0.1 hour to 34.6 hours.