đ US Jobs Data â Whatâs Really Going On?
In September 2025, the U.S. economy added 119,000 jobs, according to the Bureau of Labor Statistics.
At the same time, the unemployment rate edged up to 4.4%.
But thereâs a twist: revisions show that over the 12 months through March 2025, the U.S. actually created 911,000 fewer jobs than originally reported.
According to hiring-lab data, average posted wages are still growing (~3.1% year over year), even as job-posting activity cools a bit.
Meanwhile, job openings remain elevated, and layoffs stay low â the labor market is showing signs of cooling, not collapsing.
â Key takeaway: The U.S. labor market is resilient, but recent data revisions and slower hiring suggest it's not as strong as earlier numbers made it seem.