Federal employers hired less workers than expected last month as supplemental unemployment benefits expired.
In September, the nonfarm payrolls increased by 194,000 workers as unemployment fell to 4.8%, the Labor Department said Friday. Economists surveyed by Refinitiv were expecting new jobs to be added and the unemployment rate to slip to 5.1%.
The employment gains and gross margins in August were revised from 235,000 to 366,000.
Average hourly earnings rose 0.6% month over month, ahead of the expected 0.4% gain. They were up 4.6% compared to one year ago.
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