U.S. Job Growth Stalls in September Amid Economic Uncertainty
The U.S. labor market showed further signs of weakening in September, adding just 50,000 jobs—a marginal improvement over August’s dismal 22,000 but far below historical norms. Unemployment held steady at 4.3%, its highest level in four years, as the economy struggles to regain momentum.
The delayed Labor Department report, postponed due to the 43-day government shutdown—the longest in U.S. history—failed to capture October data entirely. The Bureau of Labor Statistics (BLS) scrapped its household survey for the month, forcing a combined October-November report to be released December 16.
Economists remain cautious. 'The labor market is clearly slowing, and the assumption is that the trend will continue,' said Sung Won Sohn of Loyola Marymount University. 'We’ll be scratching the bottom for a while, though recession still seems unlikely.'
