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September 2021 Jobs Report Reveals Fewer-Than-Expected Payroll Additions – Daily Flash Briefing

October 8, 2021 by Bautis Financial
September 2021 Jobs Report

Labor supply shortages and COVID-19 virus-related impacted job growth in September.

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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Category: Finance NewsTag: Economy, Employment, Job Market, Jobs, Jobs Report, September 2021 Jobs Report, Unemployment, Unemployment Rates
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