The US economy added 119,000 jobs in September, but unemployment rose to a nearly four-year high
CNN A long-awaited jobs review offered a mixed picture of the US labor arena The market system added jobs in September an unexpected rebound for the labor region but it comes as the overall market system shows signs of slowing Economists were expecting jobs to have been added and an unemployment rate that remained at according to FactSet Delayed for seven weeks due to the ruling body shutdown the latest snapshot of America s job domain revealed that unemployment rose in September to the highest level in nearly four years In addition August s tepid job gains of were revised to a job loss of jobs and July was revised down by jobs according to Bureau of Labor Statistics information circulated Thursday The medical care and social assistance sector continued to drive overall employment increase Those sectors added an estimated jobs in September accounting for nearly half of the overall gains Leisure and hospital contributed jobs during a month with unseasonably warm weather Jobs were lost in sectors such as transportation and warehousing - temporary help services - and manufacturing - Although the September employment input has been on the shelf since early October it provides a critical snapshot of the labor region at a time when tariffs stubborn inflation and elevated interest rates continue to slow the US business sector Plus Thursday s overview might very well be the last clean jobs review for a couple of months since the shutdown mucked up the finely tuned process of facts collection and analysis during October and part of November The BLS on Wednesday declared that there will not be a separate October jobs record published but instead specific of that statistics will be included in the November record scheduled for December Despite the stronger-than-expected September gains bolstered in part by warm weather that supported strong leisure and hospitality employment this year is still on pace for the weakest employment advance since the pandemic and before that the Great Financial Emergency This story is advancing and will be updated