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S&P 5006,412.08+0.62%
NASDAQ21,884.30+1.04%
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Careers

Hiring Nearly Stalled in September, and Revisions Turned July Into a Month of Job Losses

Health care accounted for 17,000 of the month's 29,000 jobs, participation held at 61.8%, and wage growth slowed to 3.0% from a year earlier.

DW

By Dana Whitfield

Oct 3, 2026 · 2 min read

The September employment report, released by the Bureau of Labor Statistics at 8:30 a.m. Eastern on Friday, describes a labor market that has largely stopped adding jobs outside one industry. Nonfarm payrolls rose 29,000 and the unemployment rate climbed to 4.2% from 4.1%.

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DW

Dana Whitfield

Leadership Editor

Dana reports on boards, succession and executive pay. She has interviewed more than 200 sitting chief executives.

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