In a statement on the latest labor market data, U.S. Senate Committee on Banking, Housing and Urban Affairs Ranking Member Elizabeth Warren said the economy added 29,000 jobs in September while unemployment rose. She attributed the weakening figures to President Donald Trump’s economic agenda. Warren said monthly job growth has averaged 33,000 since January 2025, compared with 120,000 in 2024. She also cited the slowest paycheck growth in nearly seven years outside the COVID-19 pandemic and said real wages have fallen 0.7%.
U.S. Senate Committee on Banking, Housing and Urban Affairs ranking member Warren warns of labor market weakening as September job gains fall to 29,000
U.S. Senate Banking Committee Ranking Member Elizabeth Warren said the economy added 29,000 jobs in September and unemployment rose. She cited average monthly job growth of 33,000 since January 2025, slowing paycheck growth and a 0.7% decline in real wages.