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Sept jobs report exceeds expectations with 119,000 jobs added

"Total nonfarm payroll employment edged up by 119,000 in September."

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"Total nonfarm payroll employment edged up by 119,000 in September."

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The jobs report that came out on Thursday showed that the US economy added 119,000 jobs in September, beating expectations. The news of the jobs report led to an uptick in the stock market after its release.

The report from the US Bureau of Labor Statistics, which was delayed due to the government shutdown, stated, "Total nonfarm payroll employment edged up by 119,000 in September but has shown little change since April." The unemployment rate stayed steady, only moving up from 4.3 to 4.4 percent from August to September. The labor force participation rate also stayed relatively similar, with an increase from 62.3 to 62.4 percent from August to September.

The industries that showed the most growth in terms of adding jobs were in construction, with 19,000 jobs added, as well as healthcare and social assistance, accounting for 57,000 jobs. Leisure and hospitality also increased, with 47,000 jobs added. Manufacturing roles dropped by 6,000 jobs, transportation and warehousing dropped significantly, with over 25,000 jobs lost.

July's total nonfarm payroll employment numbers were revised down, from 79,000 to 72,000. August's numbers were revised down from 22,000 to -4,000. Average hourly wages also grew by 9 cents across the workforce.

With the news of the better-than-expected jobs report for September, the White House posted figures related to the native-born and foreign-born workforce in the US.



"Over the past year: 2.5M native-born Americans GAINED employment; 670K foreign-born workers LOST employment. 3.4M native-born Americans JOINED the labor force; 708K foreign-born workers LEFT the labor force. Under @POTUS, ALL job gains have gone to native-born workers."

White House Press Secretary Karoline Leavitt said of the September jobs report, “The September jobs report more than doubled market expectations — adding 119,000 new jobs to the American economy. In stark contrast to the disastrous Biden economy, almost all of these new jobs were in the private sector and went to American-born workers instead of illegal aliens."



"Wages for workers are continuing to rise, a reversal of the Biden years where private sector wages declined by about $3,000 because of the Democrats’ inflation crisis. This strong report is more proof that President Trump’s pro-growth, America First agenda is already making great progress, and it will continue to deliver positive results for American families and businesses," she added.
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