Major disappointment: US economy adds only 194,000 jobs in September
Oct 8, 2021, 6:43 AM | Updated: Aug 2, 2022, 12:40 pm
HALLANDALE, FLORIDA - SEPTEMBER 21: A Now Hiring sign hangs near the entrance to a Winn-Dixie Supermarket on September 21, 2021 in Hallandale, Florida. Government reports indicate that Initial jobless benefit claims rose 20,000 to 332,000 in the week ended Sept. 11. (Photo by Joe Raedle/Getty Images)
(Photo by Joe Raedle/Getty Images)
(CNN) — America’s economic recovery has hit a roadblock: US employers added only 194,000 jobs in September, another troubling sign that Covid is disrupting the economy.
It marked the second-straight month in which the US economy added far fewer jobs than expected. Jobs growth slowed down dramatically in August.
The unemployment rate declined to 4.8% in September, the Bureau of Labor Statistics said Friday, down from 5.2% in August.
This is a developing story. It will be updated
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