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US job growth slows sharply in September, unemployment rises

South China Morning Post2 October 2026, 13:14 UTCUnited States of America

US job growth slowed more than expected in September, but that likely does not signal a material shift in the labour market, with the weakness likely related to a calendar quirk. Nonfarm payrolls increased by 29,000 jobs last month after ‌a downwardly revised 133,000 rise in August, the Labor Department’s closely watched employment report showed on Friday. Economists polled by Reuters had forecast payrolls advancing 90,000 after a previously reported 162,000 surge in August. Estimates ranged...

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