U.S. employers added 29,000 jobs in September and the unemployment rate was 4.2%, up from 4.1% in August, the Bureau of Labor Statistics said. July and August payroll gains were revised down by a combined 60,000.
BLS revised July payroll employment from a gain of 21,000 to a loss of 10,000, and July and August combined are now 60,000 lower than first reported. Here is what revisions mean and why the first estimate is not the final word.
On Wednesday, BEA releases August personal income and spending and the third estimate of second-quarter GDP, and launches its 2026 annual update of the national, industry and regional accounts on the same day for the first time.