Equitable Growth’s Jobs Day Graphs: September 2017 Report Edition
1.
The prime employment rate hit a new high for this expansion, rising to 78.9 percent in September.
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2.
The black unemployment rate is still far higher than the unemployment rates for whites, but it hit its all time low in September: 7 percent.
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3.
Wage growth picked up in September, but it’s not clear how much of the increase was due to low-wage workers losing work during hurricanes.
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4.
Leisure and hospitality — industries that have been growing strongly during the recovery — lost 111,000 jobs in September. This drop is likely hurricane related.
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5.
While the labor force participation rate picked up in September, the vast majority of workers flowing into employment were previously out of the labor force.
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