WASHINGTON, DC—The US economy added 248,000 jobs inSeptember, according to Friday morning's LaborDepartment report. At the same time, the unemployment ratedeclined by 0.2 percentage point to 5.9% as thenumber of unemployed decreased by 329,000 to 9.3 million.

The numbers are a nice comeback from August's disconcerting report of 142,000 jobscreated.

Most of the job growth for the month occurred in professionaland business services, retail trade, and health care.

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Erika Morphy

Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.