This story about the September 2026 jobs report is developing and will be updated with further details.
The U.S. economy added jobs at a slower pace than expected in September amid economic uncertainty.
The Bureau of Labor Statistics on Friday reported that employers added 29,000 jobs in September. That figure was below the 90,000 estimate of economists polled by LSEG.
The unemployment rate ticked higher to 4.2%, which was above economists' expectations of 4.1%, according to the LSEG poll.
Revisions were made to the payroll numbers for the prior two months, with July revised down by 31,000 from a gain of 21,000 to a loss of 10,000; while August was revised down by 29,000 from a gain of 162,000 to 133,000.
Taken together, employment in July and August is 60,000 lower than previously reported.
Continue reading...
[ H/T Fox Business ]
