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The country loses close to 160,000 jobs in September, braces itself for bigger hits in the upcoming months

Friday morning marked the release of September's employment situation report by the BLS, as well as the ninth month in a row that the country has posted a net loss in jobs. Not our most impressive feat. The loss of 159,000 positions is a lot harder to ignore than cuts in previous months.

On the bright side, the health care industry is still generating employment opportunities, but these gains slowed some last month, with just around 17,000 jobs added. Most of these positions were in ambulatory health care services. Local government education added another 16,000 jobs. The mining industry added 8,000.

Most of the job cuts in September were typical, save for the leisure and hospitality sector (-17,000), which includes food services and drinking places (-4,800 jobs). Up until the last few months, food services and drinking places had been one of our nation's more resilient employment industries.

The manufacturing, construction, and retail trade industries topped all others in jobs losses with 51,000, 35,000, and 40,000 positions lost, respectively. Professional and business services employment decreased by 27,000 positions, while the transportation and warehousing and financial activities sectors both posted double-digit losses in the thousands.

The average workweek for production and nonsupervisory workers declined by 0.1 hours, while the average pay for these workers rose another three cents. Average weekly earnings in the U.S. in September totaled $610.51.

Permalink for The country loses close to 160,000 jobs in September, braces itself for bigger hits in the upcoming months

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Income and Earnings by Education

How much does your income depend ion your education? It varies from person to person, depending on many factors other than education. However, typically a person will have higher earnings with a higher degree, as shown in the table below:

Median annual earnings of fulltime wage-and-salary workers aged 25 or older, 2005*
High
School
Diploma
Associate
degree
Bachelor's
degree
Master's
degre
Doctoral
degree
$30,316$36,348$48,724$58,708$73,892

* According to Occupational Outlook Quarterly, Fall 2006, published by the Bureau of Labor Statistics. Weekly figures used to calculate annual earnings.

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If you are looking to strengthen your expertise, transition between careers, or improve your status within an industry, postsecondary education may be the most practical and effective resource that you invest in. One of the simplest ways to tap into that resource? Through online degrees and web-based courses.

Because we live in a society that's increasingly mobile and technologically savvy, students expect and demand a variety of options when it comes to higher education. As a prospective student, your choices range from the disciplines you want study to the school you'll attend to the curricula formats and the delivery methods you prefer using. Judging from your interest in this website, you recognize the growing relevance of distance learning and online colleges within the U.S. and throughout the world. OnlineCareers.com showcases many of the educational alternatives available to students today, including online degrees, continuing education programs, vocational training, and various other career-oriented classes and programs.

With the notion of a traditional college student becoming obsolete, many colleges and universities are developing degree programs that cater to a wider range of students from a variety of backgrounds and age groups. Online courses, completion programs, and part-time and accelerated degrees accommodate the schedules of working professionals, as these unconventional formats allow students to balance schoolwork with life's other responsibilities. Recent studies reveal that individuals with any form of postsecondary education; be it an associate's degree, a professional certificate, or a doctorate; often fair better financially and in social contexts than those with only a high school diploma.

So go ahead, read the details regarding popular online degree programs, browse through an extensive directory of schools in North America, explore links to hundreds of nationally acclaimed institutions, and let OnlineCareers.com serve as your gateway to new and rewarding educational opportunities.

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