Americans Are Pouring Back Into the Workforce, Jobs Data Show
- Last month saw a surge in people jumping straight to jobs
- Fewer people are going from out of labor force to unemployment
U.S. Sept. Payrolls Fall 33,000, Jobless Rate 4.2%
This article is for subscribers only.
Americans are coming off the labor market’s sidelines at a pace that intensified in September.
The number of people going from out-of-the-labor-market into jobs jumped to an all-time high last month, the Bureau of Labor Statistic’s employment report showed on Friday, even as the number of people flowing into unemployment fell. While these numbers can be volatile, they provide the latest confirmation that Americans are being pulled into work as the labor market tightens.