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You are at:Home»Business»US economy added 29,000 jobs in September, a slower pace than expected
Business

US economy added 29,000 jobs in September, a slower pace than expected

Buddy DoyleBy Buddy DoyleOctober 2, 2026No Comments2 Mins Read
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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.

What are the key findings of the September 2026 jobs report?

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.

What sectors added or lost the most jobs in September 2026?

Private payrolls grew by 46,000 jobs in September, below the gain of 85,000 that was estimated by economists in the LSEG poll. August’s gain of 127,000 private sector jobs was revised down to 89,000.

Government payrolls contracted by 17,000 jobs in September. The sector’s gain of 35,000 jobs in August was revised up to a gain of 44,000. The federal government shed 1,000 jobs, while state government employment contracted by 3,000 jobs and local government employment fell by 13,000 jobs. Most of the state and local job losses were in education.

The manufacturing sector added 9,000 jobs in September, just shy of the LSEG poll’s expectations of 10,000. August’s gain of 16,000 jobs in the sector was revised down slightly to 15,000.

What does the September 2026 jobs report mean for the workforce?

What experts are saying about the September 2026 jobs report?

What does it mean for interest rates?

What did the September 2026 jobs report mean for the market?

Read the full article here

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