The U.S. economy added 194,000 jobs in September and the unemployment rate fell by 0.4 percent to 4.8 percent, Labor Department reported Friday.
The September numbers are even worse than the disastrous report from August, showing only 235,000 jobs created.
The sluggish pace of jobs created surprised experts again, as they predicted about 500,000 jobs created, but the economy fell short again.
The jobs numbers were expected to rise significantly in September, as expanded unemployment checks from the federal government expired.
Manufacturing only added 26,000 jobs, down from August's gain of 37,000 jobs.
Jobs in mining gained 5,000, fewer than August's 6,000 number.
Health care employment also fell, as nursing and residential care facilities fell by 38,000 and hospital jobs fell by 8,000.
Friday, October 8, 2021
Joe Biden's Economy Adds Meager 194,000 Jobs in September
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