Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%
- economy created far fewer jobs than expected in September, pointing to a surprising soft spot in the labor market and broader economy.
- Nonfarm payrolls rose a seasonally adjusted 29,000 for the month while the unemployment rate increased to 4.2%, the Bureau of Labor Statistics reported Friday.
Unverified
- economy created far fewer jobs than expected in September, pointing to a surprising soft spot in the labor market and broader economy.
- Nonfarm payrolls rose a seasonally adjusted 29,000 for the month while the unemployment rate increased to 4.2%, the Bureau of Labor Statistics reported Friday.
Sources: Cnbc