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

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