Unemployment: Up in September

The seasonally adjusted unemployment rate jumped in September to 9.3 — up from 9 percent in August. (Originally, August’s unemployment was reported by the Employment Security Department at 9.2 percent, but was revised to 9 percent.)

That’s 16,000 non-agricultural jobs — gone in September.

For the full report, go here.

From the press release: K-12 schools were a significant portion of both the August job growth and the September job losses. Employment Security economists attribute the large swings to seasonal-adjustment calculations, which tend to smooth out normal, seasonal changes and amplify unexpected growth or losses.

Tags: unemployment