The September 2021 jobs report was released today, revealing that the United States economy added only 194,000 nonfarm payrolls last month, while the unemployment rate fell from 5.2% in August to 4.8% in September. This payroll data missed economists’ expectations of the addition of 500,000 new jobs, making the second-straight month in which the US economy added far fewer jobs than expected.
However, the report did have some good news: August’s report was revised by an increase of 131,000 jobs, revealing that employers added 366,000 the month before last.
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