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The US economy lost 32,000 private-sector jobs in September
Private payrolls fell by 32,000 jobs in September, the largest drop in 2.5 years, with losses across most sectors amid a government shutdown halting official labor data releases.
- Payrolls processing firm ADP said Wednesday that private payrolls fell by 32,000, marking the largest monthly decline since March 2023 in the United States.
- A funding impasse in Washington has led to a government shutdown that created a data blackout delaying Bureau of Labor Statistics and Labor Department releases.
- Across industries, leisure and hospitality sector lost 19,000 jobs and other services fell 16,000, while education and health services added 33,000 and smaller businesses lost 40,000.
- Economists surveyed by Dow Jones had expected a 45,000 increase and consensus nonfarm payrolls expectation was 51,000, yet wage growth metrics rose 4.5% year-over-year with the rate for those changing positions at 6.6%.
- With the Fed meeting Oct. 28, officials rely on payroll releases, but the shutdown blocks data before the October 28, 2025, meeting, limiting available information.
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104 Articles
104 Articles
Private payrolls plunge 32K in key September jobs report — as shutdown set to halt flow of government data
Private payrolls unexpectedly dropped by the most in two and half years -- a surprise ahead of the Federal Reserve's decision on whether to cut interest rates later this month as a government shutdown looks poised to halt the release of key economic data.
·New York, United States
Read Full ArticleThe ADP report reveals that 32,000 jobs were lost in the private sector in September, reinforcing the cooling down of the U.S. labor market
Coverage Details
Total News Sources104
Leaning Left13Leaning Right11Center30Last UpdatedBias Distribution56% Center
Bias Distribution
- 56% of the sources are Center
56% Center
L 24%
C 56%
R 20%
Factuality
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