Morningstar

September US Jobs Report: 119,000 Rise in Payrolls, Above Expectations

Unemployment rate rose to 4.4%.

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The US economy added 119,000 jobs in September, according to the latest report from the Bureau of Labor Statistics.

The unemployment rate rose to 4.4% from August to September.

Nonfarm payroll employment had been forecast to show an increase of 50,000 vs. an increase of 22,000 originally reported in August, according to FactSet. That August gain has since been revised down to -4,000. Meanwhile, the unemployment rate had been forecast to remain steady at 4.3%.

September Jobs Report Key Stats

  • Total nonfarm payrolls rose by 119,000 after falling by -4,000 in August.
  • The unemployment rate rose to 4.4% in September from August.

In September, average hourly wages rose by 9 cents, or 0.2%, to $36.67.

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