US Jobs Report Adds Just 29,000, Unemployment 4.2%

US jobs report — workers at office building in downtown business district

The US jobs report for September showed the labor market hitting a soft patch, with employers adding just 29,000 jobs and the unemployment rate rising to 4.2 percent, according to Bureau of Labor Statistics data released Friday and reported by CNN, USA Today and other outlets. The September figure fell well short of the roughly … Read more

September Jobs Beat: 90K Added — What It Means for Rates

September jobs report: 90,000 private jobs added, beating forecasts amid Fed rate speculation

The September jobs report came in hotter than expected. U.S. private employers added 90,000 jobs in September, according to ADP, easily beating the 70,000 forecast and more than doubling August’s revised gain of 36,000. The upside surprise signals the labor market still has some fight left — and it arrives on a morning packed with … Read more