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US unemployment rate holds at 9.6%

US unemployment rate holds at 9.6%

Encouraging growth in jobs in the private sector during September demonstrates the US is heading in the right direction, it has been noted.

Labour secretary for the country Hilda Solis was speaking after the release of the Employment Situation report, which revealed unemployment remained at 9.6 per cent for the month.

The study showed there were 94,000 job losses in the US during September, although the economy did gain 64,000 new employment opportunities in the private sector.

"In the six months before the president took office, we lost nearly four million jobs. We now have added private sector jobs for nine straight months, totalling 863,000," Ms Solis said.

She added it was important the pace of recovery continued in order to put an end to the job losses and to help Americans return to employment.

Ms Solis cited the importance of community colleges in providing assistance for millions of citizens through training and noted the help that will be given to small businesses following the signing of the small business jobs bill.

Last week, the Huffington Post reported a US welfare-to-work scheme, which has benefited some 240,000 people, may be set to come to an end.


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