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US job growth picked up in September and the unemployment rate ticked higher, suggesting the labor market showed signs of stabilizing before the government shutdown. Nonfarm payrolls increased 119,000 after declining in the prior month, according to Bureau of Labor Statistics data out Thursday. The unemployment rate ticked up to 4.4%, the highest in nearly four years and reflecting an increase in the size of the labor force. Hourly earnings rose 0.2% from the prior month. The September jobs report, originally due Oct. 3, was the first major missed data point in the government shutdown. But because BLS had already completed data collection by the time the shutdown began Oct. 1, the report is among the first to be published following the reopening. -------- Watch Bloomberg Radio LIVE on YouTube Weekdays 7am-6pm ET WATCH HERE: http://bit.ly/3vTiACF Follow us on X: / bloombergradio Subscribe to our Podcasts: Bloomberg Daybreak: http://bit.ly/3DWYoAN Bloomberg Surveillance: http://bit.ly/3OPtReI Bloomberg Intelligence: http://bit.ly/3YrBfOi Balance of Power: http://bit.ly/3OO8eLC Bloomberg Businessweek: http://bit.ly/3IPl60i Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: / bloombergpodcasts Bloomberg Television: / @markets Bloomberg Originals: / bloomberg Quicktake: / @bloombergquicktake