Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business

U.S. Jobs Increased Well Below Expectations Last Month. Unemployment Rose.

Payrolls increased well below expectations in September. (Credit: Justin Sullivan/Getty Images)

Private payrolls increased by 29,000 in September, well below expectations, while the unemployment rate climbed as well, according to the Bureau of Labor Statistics.

Economists surveyed by Dow Jones expected nonfarm payrolls to increase by 84,000, with the unemployment rate holding at 4.1%. Health care, construction and manufacturing led the gains, while financial activities fell.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.