BLS Jobs Report: 142,000 Jobs Added, Unemployment Steady at 5.1 Percent

For the second month in a row, the Employment Situation Summary came in under analysts' expectations. Prior to this morning's report from the labor department, economists polled by Reuters had predicted gains of 203,000 jobs in September. In addition, the Bureau of Labor Statistics revised last month's numbers downward to reflect 136,000 jobs added for August, instead of the 173,000 originally reported.

BLS Jobs Report: 257,000 Jobs Added, Unemployment Ticks Up to 5.7 Percent

Ahead of this morning's report from the Labor Department, economists were predicting a slight slowing of job growth: 230,000 jobs added and an unchanged unemployment rate. Instead, the Employment Situation Summary showed an addition of 257,000 jobs, a slightly higher unemployment rate of 5.7 percent, and a solid increase in average hourly earnings of 12 cents. In addition, November and December's reports were revised upward for a combined total of 147,000 additional jobs, above what was reported.

College Grads: Hiring to Increase Nearly 9 Percent

The Class of 2014 may not have to don fast food uniforms after the caps and gowns come off. Employers that hire new grads are feeling optimistic about the market and plan to hire 8.6 percent more college graduates this year as compared to last. Starting salaries for this year's class are also up by 1.2 percent, all this according to a recent survey released by The National Association of Colleges and Employers (NACE).