Jobs Report Today: U.S. Added 29,000 Jobs in September; Unemployment Up to 4.2%
The United States labor market slowed significantly in September, with employers adding only 29,000 jobs as hiring cooled down under economic headwinds. According to data released by the Bureau of Labor Statistics, the national unemployment rate ticked upward to 4.2%. This hiring growth fell well short of expectations set by financial analysts, who had predicted job gains of 84,000 or 85,000. Prior to the release of these employment numbers, stock futures and bond markets had steadied or ticked higher while traders monitored conditions and awaited the official figures.
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- β The U.S. economy added just 29,000 jobs in September, according to the Bureau of Labor Statistics.
- β The national unemployment rate rose to 4.2% in September.
- β Economists surveyed by Bloomberg had expected a gain of 85,000 jobs.
What changed
The Bureau of Labor Statistics released the official September employment data showing that nonfarm payrolls rose by 29,000 and unemployment increased to 4.2%.
Live updates
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U.S. Adds Just 29,000 Jobs in September; Unemployment Rises to 4.2%
The United States labor market slowed significantly in September, with employers adding only 29,000 jobs as hiring cooled down under economic headwinds. According to data released by the Bureau of Labor Statistics, the national unemployment rate ticked upward to 4.2%. This hiring growth fell well short of expectations set by financial analysts, who had predicted job gains of 84,000 or 85,000. Prior to the release of these employment numbers, stock futures and bond markets had steadied or ticked higher while traders monitored conditions and awaited the official figures.
Why it matters
The weaker-than-expected September employment data highlights a soft patch in the American labor market. Investors and economists closely monitor these monthly nonfarm payroll reports to gauge the overall health of the economy and anticipate future Federal Reserve policy decisions. The wide gap between the forecasted job additions and the actual meager increase signals a distinct pullback in corporate hiring.
What is confirmed
- The U.S. economy added just 29,000 jobs in September, according to the Bureau of Labor Statistics.
- The national unemployment rate rose to 4.2% in September.
- Economists surveyed by Bloomberg had expected a gain of 85,000 jobs.
What to watch next
- Federal Reserve policy adjustments in response to weaker hiring data
- Subsequent revisions to the September nonfarm payroll numbers by the Bureau of Labor Statistics
confidence 100%Sources used for this update (10)
- CNBC β Stock futures are little changed as September jobs report looms: Live updates
- WSJ β Jobs Report Today: Bond Market Steadies as Investors Await Employment Numbers β Live Updates
- Yahoo Finance β US Equity Futures Higher Pre-Bell as Traders Monitor Oil Prices, Await September Jobs Report
- Investing.com β U.S. stock futures tick higher with nonfarm payrolls in focus
- Bloomberg.com β US Stock Futures Advance Ahead of September Payrolls Data
- www.cnn.com β What to expect from todayβs jobs report
- www.cnbc.com β Jobs report September 2026: - CNBC
- finance.yahoo.com β September's jobs report misses: US added just 29,000 jobs ...
- www.upi.com β U.S. added 29,000 jobs in September; unemployment up to 4.2%
- www.cbsnews.com β Employers across the U.S. added 29,000 jobs in September ...
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