Top Line

The United States added 194,000 jobs back in September, less than expected, according to statistics Another monthly drop and the labor market’s worst monthly performance since January — released by the Labor Department on Friday, as experts worry a resurgence of the pandemic has begun to undermine the economic recovery.

important facts

- Advertisement -

According to data from Businesshala, September job growth was much lower than the 500,000 new jobs economists were expecting.

Despite disappointing job gains, the number of unemployed people in the United States fell from 8.4 million in August to nearly 7.7 million, though it still exceeded 4 million in February 2020, the government said.

The unemployment rate of 4.8% fell from 5.2% in August to its lowest point during the pandemic, but is still well above pre-pandemic levels of around 3.5%.

Overall, the US economy has added back nearly 17 million of the 22 million jobs lost when pandemic-induced shutdowns first forced companies to curb in-person business in March and April last year .

amazing facts

The unemployment rate reached a record high of 14.7% in April 2020 at the peak of the uncertainty of the pandemic.

Unemployment claims finally drop after a month – but 4.2 million Americans still receive benefits (Businesshala)

US adds 235,000 jobs in August – ‘major’ labor market slowdown as delta variant reveals threat to economic recovery (Businesshala)

Here’s Why the 6 Million Americans Who Lost Covid Unemployment Benefits Won’t Return to Work This Year (Businesshala)

This is a developing story. Please check back for updates.