US Jobs Data — What’s Happening Right Now?
The latest U.S. jobs report shows a modest gain of 119,000 new non‑farm jobs in September 2025, yet the unemployment rate rose to 4.4% — the highest in four years.
The growth came mostly from healthcare, food services, and social assistance sectors. Meanwhile job losses hit transportation, warehousing, and some government roles.
At the same time job openings rose to about 7.7 million, hinting at demand for workers, but hiring remained weak. Quits dropped and layoffs increased — signaling hesitation among workers and employers.
For markets this is a mixed signal. On one hand moderate job growth suggests some economic stability. On the other hand rising unemployment and sluggish hiring could soften consumer demand going forward.
Crypto and risk‑assets may benefit if weaker job numbers push central banks toward easier policy. But if inflation stays sticky and uncertainty rises, volatility could spike across markets.
Will this data push investors toward safe‑havens or spark another hunt for yield and risk?