AI Data Insight
The latest data shows that total US employment in Q3 2026 fell to 162,177 thousand, a decrease of approximately 87,000 from the previous period's 162,264 thousand, marking a two-month consecutive decline. Nonfarm payroll growth also fell far short of market expectations, reflecting significantly weakened corporate hiring momentum and a declining labor force participation rate, which is expected to prompt the Federal Reserve to accelerate its pace of monetary easing.