Ren runs up: only 29,000 jobs were added last month. Granny Ume: yet few were let go, the fewest in four years. Mio: is that good or bad? Granny: the field still grows (the Atlanta Fed tracks growth at 3.7%), but there are few new hands to tend it. Low hire, low fire. Poko stays.
September's 29,000 new jobs came in an economy that is growing but not hiring: layoffs are at their lowest rate in four years and weekly jobless claims are low, while growth was revised up to 2.5% and 2.2% in the first two quarters and the Atlanta Fed tracks the third at 3.7%; one economist says August's jump was only a rebound from weak June and July, and another that Americans are frustrated by the lack of opportunities.
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Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%
CNBC · Oct 2, 2026















