The nation’s unemployment rate held steady at 6.1 percent in September as businesses added to payrolls for the first time in eight months, suggesting that the weak job market could be stabilizing.
A survey of U.S. companies showed a net increase of 57,000 jobs last month, the Labor Department reported Friday, and there was new hope for recovery in the slumping manufacturing sector. Some 29,000 factory jobs were lost in that area, but that was considerably fewer than in previous months.
Economists had expected the overall civilian unemployment rate to rise to 6.2 percent and had anticipated a loss of 25,000 more jobs.
Hopefully, the trend will continue.