BUSINESS

Major disappointment: US economy adds only 194,000 jobs in September

Oct 8, 2021, 6:43 AM
September Jobs...
HALLANDALE, FLORIDA - SEPTEMBER 21: A Now Hiring sign hangs near the entrance to a Winn-Dixie Supermarket on September 21, 2021 in Hallandale, Florida. Government reports indicate that Initial jobless benefit claims rose 20,000 to 332,000 in the week ended Sept. 11. (Photo by Joe Raedle/Getty Images)
(Photo by Joe Raedle/Getty Images)

    (CNN) — America’s economic recovery has hit a roadblock: US employers added only 194,000 jobs in September, another troubling sign that Covid is disrupting the economy.

It marked the second-straight month in which the US economy added far fewer jobs than expected. Jobs growth slowed down dramatically in August.

The unemployment rate declined to 4.8% in September, the Bureau of Labor Statistics said Friday, down from 5.2% in August.

This is a developing story. It will be updated

The-CNN-Wire
™ & © 2021 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.

Business

the Fed...
Aimee Cobabe

Goldman Sachs warns of potential recession in the next two years

Goldman Sachs predicts there’s a 35 percent chance we’ll have a recession in the next 2 years. 
4 months ago
oil and gas leases...
Dan Bammes

BLM plans to sell new oil and gas leases after moratorium

This is the first time the Biden administration has allowed oil and gas lease sales since it took office.
4 months ago
cheeseburger inflation...
Curt Gresseth

Why does my cheeseburger cost so much? Most ingredients touched by inflation.

A reporter joined the show and walked us through the reasons that popular cheeseburger ingredients have jumped in price since March of 2021.
4 months ago
ogden IRS 25th street home prices rising...
Devin Oldroyd

Ogden man sentenced to federal prison for failure to pay the IRS

The IRS said Daniel Fry, 46, owned and ran four now-closed healthcare-related businesses in the Ogden area.
4 months ago
utah employment...
Simone Seikaly

Utah unemployment falls again, rests at 2% for March 2022

Officials say that the Utah unemployment rate mirrors job growth in the state, and the only one jobs sector has remained stagnant.
4 months ago
Woman walks past Google sign, which brought economic activity to Utah....
Samantha Herrera

Google brought billions of economic activity to Utah

The tech company brought over $9 billion in economic activity to the state in 2021. Almost 200,000 local companies used Google's many services.
4 months ago

Sponsored Articles

Prescription opioid...
Know Your Script

Prescription opioid misuse | How to protect your family from the opioid epidemic

Studies have shown that prescription opioid misuse has increased since COVID-19. So what do you need to know about these opioids?
...

Tax Tuesday: The Most Common Mistakes People Make When Filing Their Taxes

Fortunately, for most average earners, they will not end up owing overpayments received for the Child Tax Credit in 2021.
...

Tax Tuesday: How will last year’s child tax credits affect you?

Fortunately, for most average earners, they will not end up owing overpayments received for the Child Tax Credit in 2021.
...

Tax Tuesday: Key Information Before the Filing Deadline

Businesses can receive a credit of up to $5,000 per employee in 2020 and up to $21,000 per employee in 2021.
national heart month...
Intermountain Healthcare

National Heart Month: 5 Lifestyle Changes to Make Today to Keep You Heart Healthy

Heart disease is the leading cause of death for both men and women. One person dies every 36 seconds in the United States from cardiovascular disease
Joseph Smith Memorial Building...
Temple Square

The Joseph Smith Memorial Building is an icon of Salt Lake City | Why hosting an event at this beautiful location will make you a hero this year

Here's why hosting an event at the iconic Joseph Smith Memorial Building in downtown Salt Lake City will make you a hero this year.
Major disappointment: US economy adds only 194,000 jobs in September