{
  "id": 11490643,
  "title": "US job growth slows sharply in September; unemployment rate rises to 4.2%",
  "url": "https://urgent.news/2026/10/01/us-job-growth-slows-sharply-in-september-unemployment-rate-rises-to-4",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-01T21:00:00.000Z",
  "source": {
    "name": "Gulf Times Business",
    "slug": "gulf-times-business",
    "url": "https://www.gulf-times.com/article/734650/business/us-job-growth-slows-sharply-in-september-unemployment-rate-rises-to-42"
  },
  "original_language": "en",
  "account": "In September, the United States experienced a slowdown in job growth, with non-farm payrolls increasing by only 29,000 compared to economists' expectations. The unemployment rate rose to 4.2% from 4.1% in August, as more individuals entered the workforce. The Labor Department's employment report revealed that job growth had been revised downward, casting doubt on the possibility of an interest rate hike from the Federal Reserve. The underperformance of payrolls was attributed to the late timing of Labor Day, a common factor in reduced hiring. Despite weak job growth, healthcare added 17,000 positions, while construction and financial activities saw modest increases. The average workweek remained steady at 34.4 hours, despite the slight dip in job creation. The unemployment rate increase reflected a rise in the labor force, bringing the participation rate to 61.8%. Market reactions indicated reduced expectations for a rate hike at the Federal Reserve's upcoming meeting, with inflation remaining a primary focus.",
  "summary": "Non-farm payrolls increase by 29,000 in September; economists polled by Reuters had expected gain of 90,000 jobs; payrolls tend to underperform when Labor Day falls relatively late in the month, econ...",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 7,
    "also_reported_by": [
      {
        "outlet": "Times of India",
        "title": "US job growth slows sharply in September, unemployment rate rises to 4.2%",
        "url": "https://urgent.news/2026/10/02/us-job-growth-slows-sharply-in-september-unemployment-rate-rises-to-4",
        "published": "2026-10-02T13:50:04.000Z"
      },
      {
        "outlet": "Hindustan Times - World News",
        "title": "US job growth slows sharply in September; unemployment rate rises to 4.2% - Key highlights here",
        "url": "https://urgent.news/2026/10/02/us-job-growth-slows-sharply-in-september-unemployment-rate-rises-to-4-11459748",
        "published": "2026-10-02T14:12:40.000Z"
      },
      {
        "outlet": "CNA - Business",
        "title": "US job growth slows sharply in September; unemployment rate rises to 4.2%",
        "url": "https://urgent.news/2026/10/02/us-job-growth-slows-sharply-in-september-unemployment-rate-rises-to-4-11459605",
        "published": "2026-10-02T14:17:50.000Z"
      },
      {
        "outlet": "Daily Times",
        "title": "Pakistan trade deficit rises to $3.56bn in September",
        "url": "https://urgent.news/2026/10/02/pakistan-trade-deficit-rises-to-3-56bn-in-september",
        "published": "2026-10-02T14:19:49.000Z"
      },
      {
        "outlet": "Al Jazeera",
        "title": "US job growth slows as unemployment rises before midterm elections",
        "url": "https://urgent.news/2026/10/02/us-job-growth-slows-as-unemployment-rises-before-midterm-elections",
        "published": "2026-10-02T16:20:46.000Z"
      },
      {
        "outlet": "Nairametrics",
        "title": "Nigeria’s composite PMI rises to 53.0 in September, marks fourth month of expansion – CBN",
        "url": "https://urgent.news/2026/10/02/nigerias-composite-pmi-rises-to-53-0-in-september-marks-fourth-month",
        "published": "2026-10-02T18:06:29.000Z"
      }
    ]
  },
  "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."
}