Nation added only 148,000 jobs in September
The jobs situation stayed mostly unchanged in September with the unemployment rate hovering at 7.2% and 148,000 jobs added to the payrolls, the Labor Department said Monday.
In the wake of the government shutdown, analysts expected disappointing labor market data.
The data from September shows the market made little to no gains in September, but the unemployment rate did fall a bit from August when it came in at 7.3%.
The number of unemployment persons stayed consistent at 11.3 million even though unemployment has fallen by 522,000 since June.
Adult men had an unemployment rate of 7.1%, while adult women had an unemployment rate of 6.2%. Teenagers had the highest unemployment rate of 21.4%.