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International Business Times
International Business Times
Business

U.S. Job Growth Is Expected To Slow In September. Unemployment Is Forecast To Hold At 4.1%

Unemployment John Williams Glassdoor the Bureau of Labor Statistics Dow Jones United States US Federal Reserve
Employment increased that month in food services and drinking places and local government education, while the information sector lost jobs. (Credit: AFP)

U.S. hiring is expected to have slowed in September after a stronger-than-expected increase a month earlier, with Friday's employment report set to provide the latest reading on a labor market that has shown relatively low layoffs but restrained hiring.

The Bureau of Labor Statistics is scheduled to release the September employment report at 8:30 a.m. Eastern Time on Friday, Oct. 2. Economists surveyed by Dow Jones expect nonfarm payrolls to have increased by 84,000, with the unemployment rate holding at 4.1%.

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