Certainly! Here is a summary of the latest available US job data, primarily from the Bureau of Labor Statistics (BLS) September and October 2025 reports:
š Key September 2025 Labor Market Indicators (BLS)
The September report indicated continued job growth, though nonfarm payroll employment has shown little change since April 2025.
| Indicator | September 2025 Value | Change from Previous Month |
|---|---|---|
| Unemployment Rate | 4.4% | Little change (up from 4.3% in August) |
| Nonfarm Payroll Employment | +119,000 | Increase (following a revised -4,000 in August) |
| Labor Force Participation Rate | 62.4% | Little change (up from 62.3% in August) |
| Average Hourly Earnings | $36.67 | Increased by $0.09 (+0.2%) |
| 12-Month Average Hourly Earnings Growth | 3.8% | --- |
| Average Workweek (Hours) | 34.2 hours | Unchanged |
Sectoral Employment Changes (September 2025)
* Job Gains: Employment continued to trend up in health care (+43,000), food services and drinking places (+37,000), and social assistance (+14,000).
* Job Losses: Job losses occurred in transportation and warehousing (-25,000) and in federal government (-3,000). The manufacturing sector also shed 6,000 jobs.
š¼ Job Openings and Labor Turnover (JOLTS) ā October 2025
The JOLTS report provides data on the demand for labor (job openings), the hiring process (hires), and separations (quits, layoffs, and discharges).
| Measure | October 2025 Level (in millions) | October 2025 Rate | Change from Previous Month |
|---|---|---|---|
| Job Openings | 7.7 | 4.6% | Unchanged |
| Hires | 5.1 | 3.2% | Little change |
| Total Separations | 5.1 | 3.2% | Little change |
| Quits | 2.9 | 1.8% | Little change (down 276,000 over the year) |
| Layoffs and Discharges | 1.9 | 1.2% | Little change |
Quits decreased significantly over the year, indicating that fewer people are voluntarily leaving their jobs, which can suggest a cooling labor market. Notable decreases in quits were seen in accommodation and food services, and health care and social assistance.
š” Important Context
* Data Lag: The most comprehensive and official data from the BLS (like the Employment Situation Summary) is typically released with a lag. The figures above largely reflect the situation in September 2025, with JOLTS data for October 2025.
* Unemployment Rate Calculation: The unemployment rate is derived from the Household Survey, while nonfarm payrolls are from the Establishment Survey.
