US adds disappointing 29,000 jobs and unemployment ticks up to 4.2% in September

16 days ago by MicroWave to c/economics

U.S. employers added a disappointing 29,000 jobs and the unemployment rate ticked up last month, according to new data, a month before voters go to the polls in pivotal midterm elections at a time of discontent over the high cost of living and the state of the economy.

U.S. employers added a disappointing 29,000 jobs and the unemployment rate ticked up last month, the government reported Friday, a month before voters go to the polls in pivotal midterm elections at a time of discontent over the high cost of living and the state of the economy.

Hiring dropped from a revised 133,000 in August, the Labor Department reported. The unemployment rate rose to a still-low 4.2% from 4.1% in August,

Economists had expected September payrolls to come in at 90,000.

Carrots -1 points 15 days ago

Can’t fight when you’re poor. Sorry guys.

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