Archive · 1 Oct 2025

US Private Sector Sheds 32,000 Jobs in September

US Private Sector Sheds 32,000 Jobs in September

In September, the US private sector saw a decrease of 32,000 jobs, which is the opposite of what economists had predicted.

This downturn raises concerns about the economy's health.

August's job numbers were also adjusted downwards.

Small businesses, along with sectors like professional services and leisure, experienced significant job losses, although healthcare continued to grow.

Wage growth also slowed down for people switching jobs.

These trends show some uncertainty in the job market.

Sources