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Weak September jobs report underscores Fed's misdiagnosis ... Private sector growth was even stronger than those numbers indicate, with an . Here are five takeaways from the September jobs report: DELTA TAKES A TOLL. September's Jobs Report Largely Misses The Mark ... But instead, the recovery sputtered," said Julia Pollak, a labor economist with hiring site ZipRecruiter. Biden gambled that cutting off federal jobless aid would ... If those numbers indicated a massive slowdown, September's numbers are cause for serious alarm. With these revisions, employment in September and October combined is 82,000 higher than previously reported. The U.S. economy created jobs at a much slower-than-expected pace in September, a pessimistic sign about the state . Here are five takeaways from the September jobs report: From January through July this year, employers had added a sizzling average of more than 640,000 jobs a month. The August jobs report fell far short of forecasters' expectations. While historic progress to create jobs, lower unemployment and defeat the pandemic has been forged under President Biden and Employment in health care is down by 524,000 since February 2020, with nursing and "The weak jobs report shouldn't be a surprise given the survey for it was taken near the peak of the Delta variant wave on September 12," said Robert Frick, corporate economist at Navy Federal . Employment rose by 194,000 and the unemployment rate dropped from 5.2% to 4.8%. The change in total nonfarm payroll employment for September was revised up by 67,000, from +312,000 to +379,000, and the change for October was revised up by 15,000, from +531,000 to +546,000. In September 2021, quit rates approached a record high level of just under 3% while layoff rates declined below 1%. "The September jobs report was a troubling one, as job growth fell below expectations and thousands left the workforce" wrote Curt Long, chief economist at the National Association of Federally . This is the Joe Biden effect in action. For . The September jobs report is the worst of Joe Biden's presidency and just the latest sign that Biden's economic crisis continues to rage on. Other economists also guessed that the nation was starting to put its problems with the . Those benefits included a $300 weekly supplement, and aid for groups that don't typically . Since mid-September, though, confirmed COVID cases have been dropping, possibly setting the stage for the job market's recovery to regain momentum. ET The headline coming out of the September 2021 BLS Employment Report is that payroll job growth was much weaker than expected, for the second month in a row. In addition to creating just 194,000 new jobs in September, the payroll report released Friday from the U.S. Bureau of Labor Statistics also showed that the unemployment rate dropped from 5.2 percent to 4.8 percent in that month. COVID-19 . The September jobs report is nothing new. September's jobs report badly misses expectations with payrolls increasing by just 194,000. Economics September Jobs Report. JOBS REPORT WILDLY MISSES EXPECTATIONS. The weak September jobs report offered the latest sign of the coronavirus pandemic's hold on major sectors of the economy, conflicting with the type of recovery the Federal Reserve forecast back . The U.S. Bureau of Labor Statistics reported on Friday that the American economy added a weak 194,000 jobs . Here's how economists and others reacted to the September jobs report on Twitter: At that point, much of the country was six months into stay-at-home orders, and most children had started the school year in remote learning. 5 Numbers from the September Jobs Report. Economic Report U.S. adds just 194,000 jobs in September as more people drop out of the labor force Last Updated: Oct. 8, 2021 at 2:02 p.m. https://bit.ly/2vaBUvASWatch more Fox News Video: http://video.. But other stats in the report paint a . JOBS GROWTH: Following strong numbers in the previous two months, the pace of jobs growth slowed in August. Consensus estimates are that 473,000 jobs were added last month and that the unemployment rate will decline from 5.2% to 5.1%. Employment in health care changed little in September (-18,000). Construction employment added 22,000 jobs in September but is still 201,000 jobs below its level in February 2020. ET Contact: Speaker's Press Office, 202-226-7616 Washington, D.C. - Speaker Nancy Pelosi released this statement on the September jobs report: "The September jobs report is additional proof of the need for Democrats' jobs-creating Build Back Better agenda. We saw the highest number of people working part-time because they were too sick to work full-time since April," she in an interview with Yahoo! Employers added 114,000 jobs in September and the unemployment rate fell to 7.8%, according to the monthly jobs report released by the Labor Department Friday. President Biden delivers remarks on the September jobs report. Cases of COVID-19 have dropped significantly since the beginning of September and the labor market is likely to return to the same place it was before the Delta surge. Dagen McDowell, anchor and analyst on the Fox Business Network and a business correspondent for the Fox News Channel joined the Guy Benson Show to react to September's jobs report that misses . This is the Joe Biden effect in action. COVID-19 . Slowing pace of new jobs added each month. This is 139,000 jobs short of a Dow Jones survey estimate of 800,000. The expectation was for 500,000 jobs to be created and the actual number was less than 200,000. It was the first report to capture the widespread impact of federal unemployment ending early. The September jobs report is also the first to include data that reflects the end of the federal government's pandemic-inspired unemployment benefits program, which gave people an extra $300 per . "If you look at this report, it's very clear that it's delta that's holding it back. President Biden delivered remarks on the September Jobs Report. ADP's private payrolls report also sets the tone for the Labor Department's "official" September jobs report on Friday. "This is quite a deflating report," said Nick Bunker, economic research director at job placement . The United States has regained more . The U.S. economy created jobs at a much slower than expected pace in September, a pessimistic sign about the state of the economy though the total was held back substantially by a sharp drop in government employment. Earlier in the summer, job creation rose dramatically, only to sink again as coronav. US Jobs Report: Recovery Running Out of Steam. In this Dec. 10, 2020, file photo, a "Now Hiring" sign hangs on the front wall of a Harbor Freight Tools store in Manchester, N.H. "This is quite a deflating report," said Nick Bunker, director of economic research at the Indeed Hiring Lab. Biden was Monday's KVML "Newsmaker of the Day". Nonfarm payrolls rose by just . It was the first month since April that net job growth dropped below 1 million. Weak September Jobs Report Misses Prediction by Sixty Percent in Smallest Gain This Year. September jobs report: Only 194,000 jobs added vs. 500,000 estimate. The second September of the pandemic has come and gone - and for women, the work picture . Thus, we enter the growing phenomenon of "The Great . Structural changes shift from temporary to permanent layoffs. The yield on the . From January through July this year, employers had added a sizzling average of more than 640,000 jobs a month. The September jobs report showed a decrease of 0.4 percentage points in the U.S. unemployment rate, down to 4.8% in September. Secretary of Labor Marty Walsh issued a statement about the September jobs report in which he tried to paint a rosy picture. The unemployment rate fell to 7.9%, which is better than the expected 8.3% rate. Job creation in September came up well short of the anticipated numbers once again, MSNBC reported.. With an increase of merely 194,000 jobs according to the Labor Department—well under the predicted 500,000—economists have once again failed to explain what is wrong with the US economy. 5 Numbers from the September Jobs Report. The economy added just 235,000 new jobs last month, well below the . The figures fell short of economic forecasts, who had expected about 850,000 new jobs to be created in September. Then delta hit. WATCH: Biden delivers remarks on September jobs report Economy. Total nonfarm payroll employment increased by only 194,000, compared . In that report, economists are expecting to see an acceleration in payroll . The September Bureau of Labor Statistics jobs report released last week was anticlimactic, to say the least. Video Transcript [MUSIC PLAYING] BRIAN SOZZI: Today's lackluster jobs report was the last one before the Fed's next meeting that starts on November 2. The Disappointing September 2021 Jobs Report Regarding last month, economists stated that America should have added a sum of 500K jobs. Some 4.4 million workers, or 3% of the total workforce, quit their jobs in . The September jobs report was disappointing for women. The September jobs report is a glimpse in the rearview mirror. But other stats in the report paint a . President Joe Biden addressed the September jobs report, but did not take questions from reporters following the remarks. Squawk Box. U.S. stocks moved up and down throughout the day, as did Treasury yields. The number of people who quit their jobs rose to a record high in September, the Department of Labor said Friday. Here are his words: "Today, for the first time . Today's jobs report from the Bureau of Labor Statistics, much like the August report, shows a steady and consistent economic recovery, but with room for even stronger gains in certain areas.Employment rose by 194,000 and the unemployment rate dropped from 5.2% to 4.8%. The Odd Lots September Jobs Report Liveblog By . The healthcare and education sectors of the economy saw some of the largest job losses, which are likely because of Democrats' authoritarian vaccine mandates. Updated on Oct 8, 2021 3:35 PM EDT — Published on Oct 8, 2021 10:52 AM EDT President Joe Biden addressed the disappointing jobs . Let's see what it may mean to the Fed's next policy move. Weak September Jobs Report Misses Prediction by Sixty Percent in Smallest Gain This Year. The US added 194,000 jobs in September, badly missing the 500,000-payroll estimate and slowing even further from dismal August hiring. ET First Published: Oct. 8, 2021 at 8:51 a.m. Cases of COVID-19 have dropped significantly since the beginning of September and the labor market is likely to return to the . The number of jobs added in September came in at a paltry 194,000, far below economists' expectations. Biden: September Jobs Report. "The September jobs report is a slight glimpse in the rearview mirror. While the report includes promising indicators that America's recovery is moving forward, with the unemployment rate declining, it is clear that Congress must do more to encourage businesses to hire for jobs that pay well and offer opportunities . The good news: Employers added 17,600 jobs in September, a 7.3% increase over August's 16,400 jobs gained, according to the report. Then delta hit. The US added 194,000 jobs in September, badly missing the 500,000-payroll estimate and slowing even further from dismal August hiring. CNBC reported: September's jobs creation comes up short with gain of just 194,000 The U.S. economy created jobs at a […] President Joe Biden on Friday attributed the disappointing September jobs report to the ongoing Covid-19 pandemic but sought to frame the new data as steady progress toward the nation's economic . Here are five takeaways from the September jobs report: From January through July this year, employers had added a sizzling average of more than 640,000 jobs a month. The anemic September employment report, with only 194,000 jobs added, illustrates the extent to which the recovery stalled as coronavirus cases surged last month, but it also signals something . Wall Street reacted with uncertainty and disappointment to the highly anticipated September jobs report. The yield on the . "Today, the Bureau of Labor Statistics reported that the American economy added 194,000 jobs in the month of September, and the unemployment rate was 4.8 percent, down from 5.2 percent in August," Walsh said. The unemployment rate fell to 4.8% from 5.2%, a beat of . The tables have turned for workers in a post-pandemic recovery based on crunching the latest jobs and labor data in Public Insight Insight for Work. In the spring of 2020, millions of workers were laid off or terminated. Today's jobs report from the Bureau of Labor Statistics, much like the August report, shows a steady and consistent economic recovery, but with room for even stronger gains in certain areas. Joe Weisenthal +Follow. The bad news: September's job growth was disappointing in comparison to early summer numbers. Continued virus impacts dragged down expectations for a hot September jobs report Friday . Axios reported at the time that the August numbers produced "meager" additions and "indicated a massive slowdown" in Joe Biden's economy. ET First Published: Oct. 8, 2021 at 8:51 a.m. It is a continuation of the August jobs report. October 8, 2021, 7:55 AM EDT Updated on October 8, 2021, 9:07 AM EDT . The unemployment rate fell to 4.8% from 5.2%, a beat of . The economy produced 235,000 new jobs, which represented a significant slowdown from the 1.1 million new jobs created in July and 962,000 in June. When the U.S. government issues the September jobs report on . Wall Street reacted with uncertainty and disappointment to the highly anticipated September jobs report. The Labor Department released its September jobs report Friday morning. CNBC's Steve Liesman breaks down September's dismal jobs report, which indicated that the U.S. economy created jobs at a much slower pace than expected. The headline coming out of the September 2021 BLS Employment Report is that payroll job growth was much weaker than expected, for the second month in a row. Tom Cooley, my dear friend, mentor, collaborator and drinking buddy passed away on Saturday, October… Job losses occurred in nursing and residential care facilities (-38,000) and hospitals (-8,000), while ambulatory health care services added jobs (+28,000). By Peter Rupert This is a very difficult post to write. Here were the main metrics from the report, compared to consensus estimates compiled by Bloomberg: Change in non-farm . The U.S. added just 194,000 jobs in September as the economy struggled under the surge of the COVID-19 delta variant, according to data released Friday by the Labor Department. The September jobs report survey was taken shortly after the expanded benefits expired, which may have made for a messy read on any effect from their expiration. The September jobs report will probably not derail those plans, which officials have said were based on cumulative job gains and not a single month's data. It said September generated 661,000 jobs, which is lower than expected. The yield on the 10-year Treasury climbed to 1.60% from 1.57% late Thursday after initially dropping to 1.56% immediately following the jobs report's release. The September jobs report is out and it's a disaster. Despite the soft September report, there's still a case for optimism in the coming months. The expectation was for 500,000 jobs to be created and the actual number was less than 200,000. The Labor Department's September Job report is painting a grim picture. The September jobs report did not reveal things that economists, including Betsey Stevenson, were hoping to see. Biden addresses dismal jobs report, leaves without taking questions. Yahoo Finance's Brian Sozzi, Julie Hyman, and Brian Cheung break down the September unemployment report. The U.S. Bureau of Labor Statistics reported on Friday that the American economy added a weak 194,000 jobs . U.S. stocks moved up and down throughout the day, as did Treasury yields. In June and July, the state added 25,600 and 24,300 jobs, respectively. The delta variant of COVID-19 continues to leave its mark on the economy with another disappointing jobs report. September jobs report supplied a dismal outlook for the jobs market, adding just 194,000 jobs, widely missing the Dow Jones estimate of 500,000.. See: ADP Employment Report Shows Possible Jobs Rebound Find: Consumer Confidence Falls for Third Straight Month, Hits 7-Month Low A sharp drop in government employment contributed significantly to the low figure, the Bureau of Labor Statistics noted . The September jobs report is the latest evidence of the muted role enhanced federal benefits played. President Joe Biden chose to focus on the latter statistic, noting it's the first time unemployment has been below . On the back of the 366,000 jobs added in August, it's a clear indication that things aren't getting "back to normal" anytime soon. Just 194,000 jobs were added, significantly fewer than the 500,000 jobs economists predicted. Unfortunately, thanks to Biden's anti-worker, anti-business mandates and policies, America only added 194K jobs. Average monthly growth, year to date in 2021, has been 586,000. Here's why 3 have decided to leave the workforce. CNBC reported: September's jobs creation comes up short with gain of just 194,000 The U.S. economy created jobs at a […] And it came as infections from the . Wall Street reacted with uncertainty and disappointment to the highly anticipated September jobs report. Job growth decelerated in August and September. U.S. stocks moved up and down throughout the day, as did Treasury yields. Economic Report U.S. adds just 194,000 jobs in September as more people drop out of the labor force Last Updated: Oct. 8, 2021 at 2:02 p.m. Nonfarm payrolls increased by 194,000 workers in September as the unemployment rate fell to 4.8%, a pandemic low, the Labor Department said Friday . Last September, the numbers were arresting: 865,000 women dropped out of the labor force — at four times the rate of men, who lost 216,000 jobs, according to the Bureau of Labor Statistics. #FoxNewsSubscribe to Fox News! The September jobs report is out and it's a disaster. "The September jobs report shows that COVID-19 is still having a harmful impact on our economy. The Wall Street Journal predicted that the September jobs report would show an increase of 500,000 jobs. The September jobs report is highly anticipated, given the program's expiration.

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