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U.S. Jobs Market Unexpectedly Strong

But employment in retail sector remained stagnant in September.




U.S. Jobs Market Unexpectedly Strong
While the overall U.S. job market grew strongly last month, retail payrolls remained unchanged. PHOTOGRAPHY: bernardbodo/

Total nonfarm payroll employment in the U.S. rose by 336,000 in September, and the unemployment rate was unchanged at 3.8 percent, the U.S. Bureau of Labor Statistics reports. As a result, the job market – whose uptick was the largest since January – was variously characterized by major publications as “booming,” (USA Today); “surging,” (The Wall Street Journal); and  “sizzling,” (Reuters).

The biggest gains occurred in leisure and hospitality; government; health care; professional, scientific and technical services; and social assistance.  However, employment showed little change over the month in the following sectors: retail, mining,  quarrying, oil and gas extraction, construction, manufacturing, wholesale trade, financial activities and other services.

“The U.S. labor market clearly still has some gas in the tank,” Nick Bunker, head of economic research for job site, told USA Today.



When the Kids Have Their Own Careers, Wilkerson Can Help You to Retire

Alex and Gladys Rysman are the third generation to run Romm Jewelers in Brockton, Mass. And after many decades of service to the industry and their community, it was time to close the store and take advantage of some downtime. With three grown children who each had their own careers outside of the industry, they decided to call Wilkerson. Then, the Rysmans did what every jeweler should do: They called other retailers and asked about their own Wilkerson experience. “They all told us what a great experience it was and that’s what made us go with Wilkerson.” says Gladys Rysman. The results? Alex Rysman says he was impressed. “We exceeded whatever I expected to do by a large margin.”

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