September jobless rate steady at 3.0%; services-led hiring keeps growth on track into 2026
Unemployment rate remained at 3.0% in September (Aug: 3.0%), the sixth straight month of no change, reflecting a stable labour market
- The number of unemployed fell for a second straight month (-0.3% MoM; Aug: -0.3%).
- In absolute terms, the number of unemployed fell to 518.6k (Aug: 520.0k), the lowest since Jan 2020 (511.7k).
- Actively unemployed also fell to 413.6k (Aug: 414.9k), the lowest since Feb 2020.
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