{
  "id": 11356321,
  "title": "US job growth expected to slow in September; unemployment rate likely steady",
  "url": "https://urgent.news/2026/10/02/us-job-growth-expected-to-slow-in-september-unemployment-rate-likely",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-02T04:06:31.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/economy-news/us-job-growth-expected-to-slow-in-september-unemployment-rate-likely-steady-4928875"
  },
  "original_language": "en",
  "account": "US job growth is forecast to slow in September, with the unemployment rate expected to remain steady at 4.1%, according to initial estimates. The Labor Department is set to release its employment report on Friday, providing further insight into the status of the American labor market. Joe Brusuelas, chief economist at RSM, anticipates a continuation of the \"low-hire, low-fire\" labor market. The Federal Reserve is unlikely to alter its stance on further interest rate hikes based on the upcoming report. Nonfarm payrolls are projected to have grown by 90,000 in September, following a 162,000-month-over-month increase in August, according to a Reuters survey of economists. Brad Polumbo reported that August's job count may be revised downward, as the seasonal adjustment procedure often overstates employment gains. Marc Giannoni, chief US economist at Barclays, anticipates the August nonfarm payroll figure to be revised down by 74,000 jobs when incorporating September data. While there are no signs of the US-Israel war with Iran disrupting the labor market, economists expect the conflict to begin impacting the economy later in the year due to high energy prices and strained supply chains. Diesel prices are at record highs and pose a threat to transportation and agricultural sectors. Tariffs also remain a concern, with a recent survey indicating growing anxiety among manufacturers over the trade war with Canada. Despite robust corporate profit growth and resilient domestic demand, economists emphasize the potential for employment to hit a \"wall\" due to factors like fuel price volatility, political uncertainty, and trade policies. Economists predict a moderation in employment growth in the leisure and hospitality sector, as well as local government education. A fourth month of double-digit job increases is expected for the manufacturing sector, driven by the construction of data centers for AI technology. The termination of Temporary Protected Status for Haitian immigrants is anticipated to gradually impact the labor market over several months rather than causing an immediate shock.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}