Hiring Beats Expectations in September as Employers Add 119,000 Jobs

WSJ Minute Briefing

The Wall Street Journal

Business News, News

4.1 • 671 Ratings

🗓️ 20 November 2025

⏱️ 3 minutes

🔗️ Recording | iTunes | RSS

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Summary

Plus: Home sales in October rise to the highest level since February. And Abbott Laboratories agrees to acquire cancer diagnostics company Exact Sciences in a deal valued at $21 billion. Zoe Kuhlkin hosts. Sign up for WSJ’s free What’s News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey Harry.
0:00.7	Hello mate.
0:01.5	Got any tips for the football?
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0:28.8	Gambleaware.org.
0:33.8	Here's your midday brief for Thursday, November 20th.
0:37.4	I'm Zoe Colkin for the Wall Street Journal.
0:40.5	The U.S. jobs report for September, which was nearly seven weeks late because of the government
0:45.3	shutdown, showed U.S. jobs growth beating expectations. The Labor Department says payrolls
0:51.3	rose by 119,000. However, the unemployment rate rose slightly to 4.4
0:57.1	percent, its highest level in four years. The data will likely do little to resolve the debate at
1:02.9	the Federal Reserve over whether to leave interest rates on hold or cut them in December.
1:08.5	Home sales rose to an eight-month high in October. The National Association of Realtors
1:13.7	says sales of existing homes rose 1.2% from September to a seasonally adjusted annual rate of
1:20.2	4.1 million. The housing market, which has been sluggish for years, is gaining some momentum
1:25.9	heading into the end of the year, with
1:27.8	October's report signaling that even a small decline in mortgage rates attracts some buyers.
1:33.1	Many buyers have been put off by high home prices and mortgage rates.
1:38.7	And Abbott Laboratories has agreed to acquire Cancer Diagnostics Company exact sciences
	...

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