The Department of Labor’s Bureau of Labor Statistics (BLS) announced that the U.S. added 254,000 jobs in September, and the unemployment rate ticked lower to 4.1 percent. The September jobs report blew past economist expectations, which foresaw 140,000 jobs added and a jobless rate of 4.2 percent. Notably, construction employment continued to trend up in September up 25,000, similar to the average monthly gain over the prior 12 months of 19,000. Over the month, nonresidential specialty trade contractors added 17,000 jobs.
