Business

US Job Market Weakens in September

Updated 2026-10-02 12:40 UTC 1 source Negative

The U.S. labor market showed signs of weakness in September, with nonfarm payrolls increasing by only 29,000 and the unemployment rate rising to 4.2%. This marked a significant deviation from expectations.

Coverage timeline — 3 articles
CNBC
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Rivian reported a year-over-year increase in vehicle deliveries of 46% during the third quarter.
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Nonfarm payrolls were expected to increase by 84,000 in September while the unemployment rate held at 4.1%.
2026-10-02 12:36 UTC
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