US employers likely stepped up hiring in September

Save Story

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

WASHINGTON (AP) — Economists predict today's government employment data could contain a potentially reassuring sign after a hiring slowdown in August.

A FactSet survey of economists finds they expect employers added 215,000 jobs in September. The unemployment rate is expected to remain 6.1 percent.

In August, employers added just 142,000 jobs after topping 200,000 for six straight months. Even if the government reports that hiring was subpar for a second straight month, some economists say it wouldn't be cause for alarm because other economic indicators remain positive.

September job figures have often been skewed by seasonal quirks, such as students leaving summer jobs and teachers returning to work.

The figures will be studied by Federal Reserve policymakers to help determine whether the economy is returning to full health, possibly clearing the way for an increase in the benchmark short-term interest rate.

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Most recent Business stories

Related topics

The Associated Press


    Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the Trending 5.
    By subscribing, you acknowledge and agree to's Terms of Use and Privacy Policy.

    KSL Weather Forecast