September Jobs Report: Hiring Cools to Just 29,000 as Unemployment Ticks Up to 4.2%

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The September jobs report shows the American job market nearly stalled. On Friday, October 2, the Bureau of Labor Statistics reported that U.S. employers added just 29,000 nonfarm jobs — a fraction of what economists expected — while unemployment ticked up to 4.2 percent. With the November 3 midterms a month away, this is the … Read more