The US economy added only 29,000 jobs in September, sharply below the 84,000 consensus forecast, while unemployment rose to 4.2% and two months of prior data were revised down by a combined 60,000.
Tag: nonfarm payrolls
US Private Employers Added 90,000 Jobs in September, Topping Forecasts
ADP’s September payroll data showed US private employment rising 90,000 — well above the 68,000 consensus — led by education and health, ahead of Friday’s official nonfarm payrolls report.
Stocks Slide as Blowout August Payrolls Push September Rate Hike Odds to 58%
The S&P 500 fell 0.38 percent to 7,718 on September 5 as August non-farm payrolls came in at 162,000 — nearly triple the consensus estimate — driving Treasury yields sharply higher and reversing a week of easing rate-hike bets.
August Payrolls Triple Estimates at 162,000, Pushing September Fed Hike Odds Higher
US employers added 162,000 jobs in August, more than tripling the 53,000 consensus estimate, with the unemployment rate steady at 4.1% and markets tilting back toward a September Federal Reserve rate increase.
August Payrolls Due as Waller’s Rate-Hold Signal Cuts Fed Hike Bets to Coin-Flip Odds
The US August nonfarm payrolls report is due Friday at 8:30 AM ET, with economists projecting 53,000 new jobs after July’s contraction and ADP’s weakest private hiring reading since January.
US Economy Sheds 23,000 Jobs in July, First Drop in Months
American employers shed 23,000 nonfarm payroll jobs in July, the Bureau of Labor Statistics reported on August 7, 2026, sharply missing forecasts and marking the first monthly payroll decline of the year.