Friday, 2 October 2026Updated 18m ago
← Top stories
Data● Neutral for Indian equities

Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%

1 source · first seen 18:09 2 Oct · updated 18:09 2 Oct

The brief

Written from 1 report · check the source before you trade
  • US nonfarm payrolls rose by 29,000 in September, versus 84,000 expected
  • Unemployment rose to 4.2%, from 4.1% expected
  • A softer US jobs market may affect Indian IT exporters through client demand and global rate expectations

Tags on this story

Pick a tag to see all its stories
US jobs data26 todayJobs and layoffs28 todayUS economy17 today

Linked by the tag US jobs data

52 stories this week
  1. 2 OctAsian shares fall as US jobs data looms after Treasury yield hits 24-year highMarket move · 1 source · Asian shares fell ahead of US jobs data, with Treasury yields swinging and the dollar gaining
  2. 2 OctAsian shares fall amid bond and FX swings ahead of US jobs dataMarket move · 4 sources · Asian stock markets dipped amid turbulence in bond and currency markets
All US jobs data stories →

Read the reports

1 report · earliest 18:09
CNBCLabor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%18:09