US employers added 29,000 jobs in September
Job gains fell far short of expectations while the unemployment rate rose.
Palanor Wire · composed from 4 outlets · every claim links to its sources
What happened
U.S. employers added 29,000 jobs in September. 234567 Economists had expected an increase of 84,000 jobs. 2 The unemployment rate rose to 4.2%. 2356 The Labor Department released the employment report on Friday. 7 August job gains were revised downward to 133,000. 7
Why it matters
The figures point to a soft spot in the labor market. 15 The slowing signals broader economic weakness. 14
Sources · 7
[1]The U.S. economy created far fewer jobs than expected in September, pointing to a surprising soft spot in the labor market and broader economy. More: cnb.cx/3TepZso
CNBC · Bluesky
[2]Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%
cnbc.com · via Marketaux
[3]BREAKING: U.S. employers added a disappointing 29,000 jobs last month, and the unemployment rate ticked up to 4.2% ahead of the November midterms.
The Associated Press · Bluesky
[4]Breaking News: The U.S. labor market showed signs of slowing in September, as employers added only 29,000 jobs.
The New York Times · Bluesky
[5]The U.S. economy created fewer jobs than expected in September, pointing to a surprising soft spot in the labor market.
CNBC · Bluesky
[6]U.S. nonfarm payrolls increase by 29,000 in September, less than expected; unemployment rises to 4.2%
CNBC · Bluesky
[7]U.S. Employment Rises Much Less Than Expected In September
rttnews.com · via Marketaux
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