TEST BANK For Evidence-Based Practice for Nurses Appraisal and Application of...
U.S Talent Market Monthly October 2012
1. October 5, 2012
U.S. EMPLOYERS HIRED A AVERAGE HOURLY EARNINGS THE UNEMPLOYMENT RATE
TOTAL OF (ALL WORKERS) FELL TO
114,000
WORKERS IN SEPTEMBER
$23.58
1.8% ABOVE LAST YEAR
7.8%
9.0% LAST SEPTEMBER
UNEMPLOYMENT DROPS, BUT HIRING PACE IS UNIMPRESSIVE
• A positive note for the labor market as the unemployment rate fell to a three-year low
in September, even as more workers entered the labor force.
• Despite some encouraging trends, U.S. job creation remains somewhat sluggish as the
labor market struggles to achieve consistent, solid growth.
• Unresolved questions surrounding economic policies and conditions both in the U.S.
and abroad continue to weigh on employers’ hiring activity.
The U.S. economy created just 114,000 jobs in September, but the unemployment rate fell to 7.8%, a figure not seen since January
2009. Although some of the improvement in unemployment was attributed to a jump in part-time jobs, the drop came despite more
workers entering the labor force during the month – an encouraging sign for a labor market that has been stuck in low gear.
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