The US added fewer jobs than expected in September and wage growth slowed, signaling some caution among employers amid rising costs.
Nonfarm payrolls increased 29,000 last month after a downward revision to the prior two months, according to Bureau of Labor Statistics data out Friday. That missed all estimates in a Bloomberg survey of economists.
The unemployment rate rose to 4.2%, partly reflecting a growing workforce.
Bloomberg’s Tom Keene and Paul Sweeney get reaction from:

Bloomberg Surveillance TV: October 14th, 2026
22:11

CPI and the AI Trade
53:16

Bloomberg Surveillance TV: October 13th, 2026
21:33