unemployment rate

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

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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

US Jobs Report: Just 29,000 Jobs Added, Unemployment 4.2%

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Wall Street trading floor reacting to US jobs report September data

The latest US jobs report September data showed the labor market cooling sharply, with employers adding just 29,000 jobs and the unemployment rate rising to 4.2 percent, the Bureau of Labor Statistics reported Friday. The figure came in well below the roughly 90,000 jobs economists surveyed by Reuters had expected. It was also the final … Read more