#USJobsData The latest official U.S. Bureau of Labor Statistics (BLS) Employment Situation report, for September 2025, shows nonfarm payrolls rose by 119,000, with notable gains in health care (+43,000), food services (+37,000), and social assistance (+14,000), offset by losses in transportation and warehousing (-25,000) and federal government (-3,000). The unemployment rate held at 4.4%, up from 4.1% a year earlier, while labor force participation remained steady at 62.4%. Average hourly earnings increased 0.2% to $36.67, up 3.8% year-over-year. Prior months' data were revised downward, signaling a cooling trend since spring.
For October 2025, the Job Openings and Labor Turnover Survey (JOLTS) indicates openings unchanged at 7.7 million, with stable hiring and quit rates, suggesting a balanced but slowing market.
November data remains preliminary due to a delayed BLS release (scheduled for December 16, combining October and November figures). ADP reports private payrolls unexpectedly fell by 32,000, driven by small business cuts. However, weekly jobless claims dropped to a three-year low in early December, and insured unemployment eased to 1.2% for the week ending November 29. Fed Chair Powell noted potential overstatement of job gains, estimating possible monthly losses of 20,000. Economists anticipate November nonfarm growth around 40,000, amid noisy data from federal cuts. Overall, the labor market shows resilience but deceleration, with wage growth outpacing inflation.
