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US economy adds 119,000 jobs in September as unemployment rate rises

US economy adds 119,000 jobs in September as unemployment rate rises

Summary

In September, the United States added 119,000 new jobs, but the unemployment rate slightly increased to 4.4%. Most job gains were in healthcare, while some sectors like transportation and warehousing lost jobs. The September jobs report was delayed because of a government shutdown.

Key Facts

  • The U.S. economy added 119,000 jobs in September.
  • The unemployment rate went up to 4.4% from 4.3% in August.
  • Healthcare saw the highest job growth, adding 43,000 positions.
  • Food and beverage services gained 37,000 jobs, and social assistance grew by 14,000 jobs.
  • Sectors like construction, retail, and business services saw little change.
  • The federal workforce reduced by 3,000 jobs, with a total of 97,000 jobs cut since the start of the year.
  • Transportation and warehousing lost 25,000 jobs in September.
  • Average wages increased slightly by 0.2% to $36.67.
  • The jobs report was delayed due to a 43-day U.S. government shutdown.

Source Information