US adds 194,000 September jobs in another month of disappointing growth

  • Delta variant and tight labor market holding back hiring
  • Economists had expected about 500,000 new jobs

The US economy added just 194,000 jobs in September, far fewer than expected and the second month of disappointing growth, as the Delta variant and a tight labor market appeared to be holding back hiring.

Economists had expected the job market to rebound in September, adding 500,000 jobs – but the actual figure was lower than the revised figure of 366,000 new jobs added in August, and the smallest gain since December 2020.

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