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    US Job Growth Slows to 29,000 as Unemployment Rises Before Midterms●⚡ NEWS US Job Growth Slows and Unemployment Rises Before Midterms The US economy added only 29,000 jobs in September, whMmastodonBusinessMarkets31 d ago

    The US economy added only 29,000 jobs in September while the unemployment rate climbed to 4.2 percent, according to Labor Department data. The sharp slowdown in hiring lands just weeks before the midterm elections, giving voters a fresh economic signal and handing opposition figures talking points about the direction of the economy.

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    US unemployment rises to 4.2% in weak September jobs report●U.S. unemployment ticks up to 4.2% as Labor Department releases disappointing job numbers for September https://www.fastMmastodonBusinessEconomy31 d ago

    The US Labor Department released September employment figures showing unemployment edging up to 4.2%, in what is being described as a disappointing jobs report. The uptick suggests the labor market is cooling, fueling discussion about the health of the economy and what it could mean for interest rate decisions and household finances.

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    Senate confirms Keith Sonderling as labor secretary▼Senate confirms Keith Sonderling, a business ally, as labor secretary✉newsBusiness2 d ago

    The Senate has confirmed Keith Sonderling, described as a business ally, as US labor secretary. Sonderling, previously a senior official at the Labor Department, will now lead the agency responsible for workplace standards, wage policy, and worker protections. The confirmation places a management-side figure at the helm of labor policy, drawing attention to how the department will balance employer and worker interests going forward.

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    San Antonio restaurant repays $81,000 to workers after federal investigation●Local restaurant repays $81K to workers after federal investigation✉newsLifeFood5 d ago

    A local restaurant has paid back $81,000 to its workers following a federal investigation, KSAT reports. The repayment follows a US Department of Labor probe into the restaurant's pay practices. Little detail is available yet on how many employees were affected or what specific violations investigators found.

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    The US Senate has confirmed Keith Sonderling as Secretary of Labor. Sonderling, a former Labor Department official and Florida-based attorney, now takes charge of the department overseeing workplace rights, wages and unemployment programs. Details beyond the confirmation vote remain limited, and reaction from lawmakers and labor groups is not yet clear.

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    JOLTS report shows US job market stuck in low-hire, low-fire mode▼The latest JOLTS survey shows more of the same low-hire, low-fire economy✉newsBusinessEconomy3 d ago

    The latest JOLTS survey from the US Labor Department shows little change in the American labor market, with hiring and layoffs both remaining subdued. The data suggest employers are holding onto workers but reluctant to add new staff, a pattern economists describe as a low-hire, low-fire economy. Commentators are weighing what the stagnation means for job seekers and for Federal Reserve rate policy.