The September 2021 Payroll Survey reflected +194,000 new jobs, along with an unusually large August 2021 revision of +131,000 new jobs. When added together, that's a decent payroll employment report.
The Household Survey, which does not need revisions, reflected at a very strong +526,000 new jobs in September 2021. Similar to the very strong +509,000 gain in August 2021. That survey, with no revisions, is about 50% more volatile than the Payroll Survey, after revisions. The last two months of jobs growth, when averaged, are excellent. The Household Survey includes the self employed and "gig" workers -- both not included in the Payroll Survey. The unemployment rate is from the Household Survey,
Unemployment Rate:
Continuing Jobless Claims: Labor Force Participation Rate:
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