Canadian Trade War May be Factor in Apprehensive Jobs Report - Advancing American Freedom

Payroll employment increased by 29,000 jobs in September, while the unemployment rate ticked up to 4.2 percent. Institute for Statistical Policy Analysis · Plymouth Institute for Free Enterprise TOPLINE: Payroll employment increased by 29,000 jobs in September , while the unemployment rate ticked up to 4.2 percent. BACKGROUND: After a modestly strong month of growth in August, September’s jobs numbers are much more reminiscent of the tepid growth the economy experienced last year under the Liberation Day tariffs. Total non-farm job growth is estimated to be just 29,000 jobs, which is not a statistically significant gain, as Figure 1 demonstrates.