U.S. economy adds just 194,000 jobs in September

The U.S. economy added 194,000 jobs in September, while the unemployment rate fell to 4.8% from 5.2%.

Why it matters: The job growth slowdown in August wasn’t a blip — as the Delta variant and a labor shortage crimp the recovery. Economists had expected 500,000 new jobs last month.

This is a developing story. Please check back for updates.

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