U.S. Adds 119,000 Jobs in September with Unemployment Rising to 4.4 Percent
Delayed by a government shutdown, the September report shows stronger than expected job growth of 119,000 but a rise in unemployment to 4.4% as labor force participation increases.
- On Thursday, the Bureau of Labor Statistics reported U.S. employers added 119,000 jobs in September while the unemployment rate rose to 4.4%.
- After a nearly seven-week delay, prompted by the shutdown that ended on Nov. 12, the September report was delayed and some October data were combined with November for a Dec. 16 release.
- By sector, the report recorded private payrolls rising by 97,000 in September, led by the health care industry adding 43,000 jobs, outpacing estimates.
- The jump in rate-cut odds followed the report and CME FedWatch showed December rate-cut odds rose from 30% to 39.5% ahead of the Federal Open Market Committee meeting Dec. 9-10.
- Revisions to prior months show July and August job gains were cut by 33,000, the BLS noted the federal workforce shed 3,000 jobs, and no new official numbers arrive until mid-December.
283 Articles
283 Articles
The US economy added 119,000 jobs in September, but unemployment rose to a nearly four-year high
(CNN) — A long-awaited jobs report offered a mixed picture of the US labor market. The economy added 119,000 jobs in September, an unexpected rebound for the labor market — but it comes as the overall economy shows signs of slowing. Economists were expecting 50,000 jobs to have been added and an unemployment rate that remained at 4.3%, according to FactSet. Delayed for seven weeks due to the government shutdown, the latest snapshot of America’s …
U.S. employers added solid 119,000 jobs in September, government says in delayed report
U.S. employers added a suprisingly solid 119,000 jobs in September, the government said, issuing a key economic report that had been delayed seven weeks by the federal government shutdown. The Labor Department also said Thursday that the unemployment rate rose…
US posts solid job growth in September, but unemployment rate rises
WASHINGTON — U.S. employment growth accelerated in September, but the labor market remained sluggish and failed to keep pace with new job-seekers as employers dealt with fallout from import tariffs and integrated artificial intelligence into some positions. The jobless rate rose to 4.4%, its highest level in four years, from 4.3% in August, the Labor Department said in its closely watched employment report on Thursday. The August payrolls data w…
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