ServiceSector

September 2025 Job Market Decline Highlights Employment Challenges Ahead – cover image
September 2025 Job Market Decline Highlights Employment Challenges Ahead

Private payrolls dropped by 32,000 jobs in September 2025, marking the steepest decline since March 2023 and the first consecutive monthly job cuts since 2020. Service sectors bore the brunt of losses, while education and health services saw gains. Wage growth for job-changers slowed, signaling cautious market conditions.