US jobs report September 2026: Hiring slows sharply to 29,000 jobs, unemployment rises to 4.2%
Hiring dropped from a revised 133,000 in August, the Labor Department reported. The unemployment rose to a still-low 4.2% from 4.1% in August
The US jobs report for September showed that hiring slowed sharply, with 29,000 jobs added. This is a significant drop from the revised 133,000 jobs added in August, according to the Labor Department.
The unemployment rate also rose to 4.2% from 4.1% in August.
The slowdown in hiring and rise in unemployment comes amid an inflation surge, with the Federal Reserve having imposed its first interest rate hike in three years to dial back price increases.
Brief written by urgent.news from Live Mint, Bloomberg, ABC News (US) — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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