Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%

Economy CNBC By CNBC 02 Oct 2026 13:45 1 min read
Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%

Nonfarm payrolls rose by just 29,000 in September, well below the 84,000 forecast, and the unemployment rate rose to 4.2%, the Bureau of Labor Statistics said.

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