Employers added only 194,000 jobs in September, most of those were government jobs. well below expectations and the second weak month in a row, the Labor Department reported on Friday. The unemployment rate, meanwhile, fell to 4.8% from its prior 5.2%. The number was well below expectations of around 500,000 jobs and follows the paltry 235,000 jobs added in August. While private employers added 317,000 jobs in the month, government employment fell by 123,000. While nearly 11 million jobs are currently open, businesses report considerable difficulty filling them. The economy has recovered more than 18 million of the 22 million jobs lost last year from the coronavirus pandemic. But the recovery in jobs has been uneven, with women and minorities and those with less than a college degree lagging others. Changes in the country’s demographics, along with technological advancements and restrictive immigration policies have all combined to make this the tightest labor market in decades. The weak number for September will complicate matters for the Federal Reserve Board as it seeks to withdraw its monetary support from the economy. Analysts believe the central bank will soon begin curbing its $120-billion-per-month purchases of Treasuries and mortgage-backed securities which have kept interest rates subdued. But that is contingent on continued improvement in the labor market. “It is unsettling to see that the September jobs numbers failed to meet expectations, as people were optimistic that fall reopenings would usher in a return to economic normalcy,” says Steve Rick, chief economist at CUNA Mutual Group. “Unfortunately, this is not completely surprising after the highly disappointing August report and persistent uncertainty around COVID variants.” NN: Its the covid19. Not lockdowns…. worse Its shutdowns. The powers that be are scared about the masses in open revolt over lockdowns and vaccines. So a decision has been made. Set the captives free and let then have their mass spreader events. If their is going to be isolation and vaccine mandates let the private sector do it. In essence they will let the plague decide who will live and who will die. I wonder how many of you realize infections, hospitalizations and deaths are at record highs….. The reason business cannot find workers is many of them have died, are sick or rightly so to scared to chance a job…. The report explains what is going on… It shows few jobs created. Their are not enough willing workers and vast numbers of peopleĀ are opting not to risk going to work. And this hell will not be over until 80% of the population has their third shot and the kiddies get jabbed…