2 October 2026, 15:34 US: Employment Growth Well Below Forecasts.
The US economy added 29K jobs in September 2026, following a downwardly revised 133K in August and well below forecasts of 90K. Employment in all major industries changed little over the month. The change in total nonfarm payroll employment for July was revised down by 31,000, from +21,000 to -10,000, and the change for August was revised down by 29,000, from +162,000 to +133,000. With these revisions, employment in July and August combined is 60,000 lower than previously reported.
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