COVID-19 Delta variant, worker shortage keep a lid on job growth

U.S. employers added just 194,000 jobs in September, a second straight tepid gain and evidence that the pandemic has kept its grip on the economy, with many companies struggling to fill millions of open jobs.

Friday’s report from the Labor Department also showed that the unemployment rate sank last month from 5.2% to 4.8%. The rate fell in part because more people found jobs but also because about 180,000 fewer people looked for work in September, which meant they weren’t counted as unemployed. September’s sluggish job gains fell short of even the modest 336,000 that the economy had added in August and were the fewest since December, when employers actually cut jobs.