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Obama Economy: Black Unemployment for Teens 6Xs National Unemployment Rate

The unemployment rate held steady at 5.1%, a seven-year low.

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Mining employment also fell, as health care and information added more jobs, according to the Labour Department.

Economists expect another increase of 200,000 or more in September, based on the record number of job openings.

With job openings at an all-time high and layoffs at the lowest level since Richard Nixon was president, don’t expect hiring in the U.S.to fall off a cliff in September.

Furthermore, revisions to the prior month´s data revealed 136,000 jobs were added, down from a preliminary estimate of 173,000.

Employment in information grew by 12,000 in September. The industry has declined by 102,000 jobs since its December 2014 peak. Retail and professional and business services were continued strong sectors. Job growth has averaged 45,000 per month thus far in 2015, compared with an average monthly gain of 59,000 in 2014. Unemployment for the group was at 4.7 percent in August.

The public sector generated 24,000 jobs, down slightly from the prior month´s gain of 36,000.

Economists had noted that the broad-based slowdown in the manufacturing sector, and in employment, would likely show up in this report.

The increase for August was revised higher to show a gain of 0.4% month-on-month, up from a preliminary estimate of 0.3%. In September of previous year, 6.2 percent of such veterans were unemployed.

The number of persons employed part time for economic reasons fell by 447,000 to 6.0 million in September. The rate including all the people who say they want a full-time job but can’t find one, a number that still tops 16 million.

Among people who were neither working nor looking for work in September, 1.9 million were classified as marginally attached to the labor force, down from 2.2 million a year earlier.

The latest jobs report makes dismal reading for economists and policy makers alike with a double blow of poor job creation and falling wages.

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The unemployment rate was 5.1% in September, unchanged from 5.1% in August.

The economy added fewer jobs in September than expected