Major disappointment: US economy adds only 194,000 jobs in September
CNN, CNNBUSINESS
By Anneken Tappe, CNN Business
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
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