Economy Added 213,000 Jobs in September

Private-sector employment increased by 213,000 jobs from August to September, according to a report issued today by ADP, a national personnel-management company.
Goods-producing employment rose by 58,000 jobs and the construction industry added 20,000 jobs over the month.
Companies in the manufacturing field added 35,000 jobs in September, the highest total in that sector since May 2010, according to the report.
Growth was reported across the line in companies that are considered small, midsize or large employers.
“September’s jobs added number marks the sixth straight month of employment gains above 200,000,” Carlos Rodriguez, president and chief executive officer of ADP, said in a statement. “It’s a positive sign for the economy to see the 200,000-plus trend continue.”
Mark Zandi, chief economist of Moody’s Analytics, said, “Job gains remain strong and steady. The pace of job growth has been remarkably similar for the past several years. Especially encouraging most recently is the increasingly broad base nature of those gains. Nearly all industries and companies of all sizes are adding consistently to payrolls.”
By: Gary Gerew (Albuquerque Business First)
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