Delayed job report shows 119,000 jobs added in September
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A delayed jobs report shows U.S. employers added 119,00 jobs in September. Still, the unemployment rate inched up from 4.3% in August to 4.4%.
The September jobs report, which was delayed due to the government shutdown, comes amid a slowdown in hiring across the U.S.
13hon MSN
U.S. employers added surprisingly 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 report reflects what was happening before the federal government shutdown began. The labor market may have changed since the data was collected.
September's job growth was way above the 53,000 expected, and unemployment unexpectedly ticked up from 4.3%.
U.S. job growth likely picked up moderately in September, while the unemployment rate held steady near a four-year high of 4.3%, consistent with sluggish labor market conditions that economists and policymakers have blamed on low supply and demand for workers.
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