✉news BusinessEconomy first seen 20 h ago, last 4 h ago, peak #13
US economy adds just 29,000 jobs in September
Original: US economy added 29,000 jobs in September, a slower pace than expected
The United States added 29,000 jobs in September, according to the latest labor market report, a pace well below what economists had expected. The slowdown points to weakening hiring momentum in the American economy and is likely to fuel debate over the health of the labor market and the direction of interest rate policy.
Why now: The jobs figure came in far below expectations, drawing attention to signs of a slowing US economy.
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Evidence
- US economy added 29,000 jobs in September, a slower pace than expected · foxbusiness.com
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