Job Sector Trends - September 2023 Jobs Report Analysis

Oct 11, 2023

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As stated in the latest September 2023 report from the U.S. Bureau of Labor Statistics, 336,000 jobs were added throughout the month. However, the 3.8% unemployment rate stayed the same.

The rate of those employed or seeking work (otherwise known as labor force participation) remained steady as well at 62.8%. This statistic did not budge despite industries like Leisure and Hospitality, Government services, Healthcare & Social assistance and Professional & Scientific services displaying job gains.

Major strides were seen in the Leisure and Hospitality sector, above their monthly average, with 96,000 new jobs, and 65,900 in Healthcare, despite being below their yearly average. The sector of Professional, Scientific, and Technical services also saw an increase, adding 21,000 jobs in September.

Industries that showed exemplary growth include Leisure & Hospitality, Healthcare & Social assistance, and Professional, Scientific, and Technical services. The Leisure & Hospitality sector, in particular, has consistently led job creation over the past three months.

For more insight, here are the top job roles offered in the Leisure & Hospitality sector based on the career portal, Indeed: 

1. Restaurant Manager  2. Event Manager  3. Hotel General Manager  4. Sommelier  5. Food Service Director  6. Travel Manager  7. Executive Chef

Source: Indeed.com, March 10, 2023 https://www.indeed.com/career-advice/finding-a-job/highest-paying-hospitality-jobs

In summary, September 2023 saw the addition of 336,000 jobs across the United States, while the overall unemployment rate held steady at 3.8%. Most jobs were added in the Leisure and Hospitality, Healthcare & Social assistance, and Professional, Scientific, and Technical sectors.

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