While the Hurricane Florence likely impacted the overall pace of job creation in September with the economy adding 134,000 new jobs, the unemployment rate dropped to 3.7% last month. This is the lowest rate since 1969 and is indicative of near-full economic employment.
The Healthcare sector added 25,700 new jobs in September with 12,000 of those within the hospital space and another 10,300 within ambulatory care settings. The healthcare unemployment rate registered at 2.6% last month.
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