Photo: coldwaterman, Adobe Stock
Nonfarm payroll rose by a lower than expected 661,000 in September and the unemployment rate was 7.9%, the Labor Department said Friday in the final jobs report before the November election.
Economists surveyed by Dow Jones had been expecting a payrolls gain of 800,000 and the unemployment rate to fall to 8.2% from 8.4% in August. The payrolls miss was due largely to a drop in government hiring as at-home schooling continued and Census jobs fell.
The decline in the unemployment rate came along with a 0.3 percentage point drop in the labor force participation rate to 61.4%, representing a decline of nearly 700,000.
Latest from Greenhouse Management
- Don’t overlook the label
- Hurricane Helene: Florida agricultural production losses top $40M, UF economists estimate
- No shelter!
- Sensaphone releases weatherproof enclosures for WSG30 remote monitoring system, wireless sensors
- Profile Growing Solutions hires regional sales manager
- Cultural controls
- Terra Nova Nurseries shares companion plants for popular 2025 Colors of the Year
- University of Maryland graduate student receives 2024 Carville M. Akehurst Memorial Scholarship
