US Economy Adds 254,000 New Jobs, Unemployment Rate Dips to 4.1 Percent

Food services and drinking places led September’s job creation.
US Economy Adds 254,000 New Jobs, Unemployment Rate Dips to 4.1 Percent
People wait in line for a job fair to open in Sunrise, Fla., on June 26, 2024. Joe Raedle/Getty Images
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The U.S. economy created many more than expected new jobs in September, and the unemployment rate declined slightly, according to federal data released on Oct. 4.

According to the Bureau of Labor Statistics, 254,000 new jobs were added last month, topping the consensus estimate of 140,000 positions. This was up from 159,000 new jobs added in August, a revised figure that was adjusted higher from 142,000.
Andrew Moran
Andrew Moran
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Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."