Employers in the United States created 263,000 new jobs in September.
Slightly more than forecasted but nonetheless indicative of a contracting labour market.
The jobs report shows a considerable slowdown in hiring from August, when the U.S. gained 315,000 positions.
It may nonetheless raise concerns for central bankers who have spent the majority of the year attempting to relax a highly tight labour market.
Economists had predicted that the unemployment rate would continue at 3.7%, but it actually decreased to 3.5%, a level last reached in July.
This dip in the labour force participation rate from 62.4% to 62.3% may have contributed to this change.
Nonetheless indicative of a contracting labour market. The jobs report shows a considerable slowdown in hiring from August, when the U.S. gained 315,000 positions