06:15 AM EDT, 10/07/2025 (MT Newswires) -- Carlyle (CG) has estimated that 17,000 US jobs were created last month, among the weakest results since the start of the pandemic in 2020, Bloomberg reported, citing proprietary data compiled by the investment management group.

The US Labor Department did not release a September report because of the government shutdown.

The figures were supposed to show a 54,000 increase in non-farm payrolls, according to a poll cited by Bloomberg.

Carlyle has calculated its own estimates of key indicators for more than a decade, Bloomberg reported.

"If you looked at the employment data, you'd think it's an economy that's on the cusp of or in a recession," Jason Thomas, Carlyle's head of global research and investment management, was quoted as saying.

Carlyle did not immediately reply to MT Newswires' request for comment.

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