US Job Growth Slows in September
US job growth slowed more than expected in September with nonfarm payrolls increasing by 29,000 jobs. The unemployment rate ticked up slightly to 4.2 percent amid ongoing labor market adjustments.
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United States nonfarm payrolls increased by 29,000 jobs in September, pushing the unemployment rate up to 4.2%. The weaker-than-expected job growth followed a downwardly revised 133,000 rise in August, according to Labor Department data released on Friday morning. Economists had projected payroll gains of 90,000 for the month.
