Albuquerque Santa Fe, NM, October 2, 2026 — Nationwide employment growth experienced a significant deceleration in September, adding only 29,000 jobs to the economy. This figure represents a substantial decrease compared to the job gains reported in preceding months, indicating a cooling labor market.

While the overall hiring picture showed a marked slowdown, certain sectors continued to see gains. The healthcare industry, for instance, reported some level of job growth during the month.

However, broader economic trends presented challenges for workers. Overall wage increases reported in September did not keep pace with the prevailing rate of inflation, suggesting a potential decline in real purchasing power for many employees.

Furthermore, some sectors of the economy experienced a contraction in employment. The government sector, in particular, was noted to have lost jobs during the month of September. The specific reasons for these varied trends across different industries were not detailed in the provided summary.

Analysts are observing these figures as potential indicators of shifting economic conditions. The substantial drop in job additions, coupled with wage growth lagging behind inflation and job losses in specific areas, paints a picture of a labor market undergoing adjustment.

Further details regarding the specific types of healthcare jobs added or the exact number of jobs lost in the government sector were not available in the summary. The trend summary also did not provide comparative figures for job additions from previous months, only noting that September’s number was a ‘substantial decrease.’

Story summarized from the original created by Tim Henderson on sourcenm.com, see more information here.

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