US added just 29,000 jobs in September in sharp drop from last month’s gains

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Guardian Business

US added just 29,000 jobs in September in sharp drop from last month’s gains

Final jobs report before the midterm elections also shows the US unemployment rate rose slightly to 4.2% US employers added just 29,000 jobs in September, a sharp drop from last month’s gains, and unemployment rose slightly to 4.2%, a sign of a cooling labor market in the final jobs report before the midterm election. The numbers were under half of economists’ expectations of just under 70,000 new jobs. Most job gain…