✉news BusinessEconomy first seen 15 h ago, last 6 h ago, peak #13
US economy added 29,000 jobs in September, a slower pace than expected
The US economy added 29,000 jobs in September, a slower pace of hiring than economists had expected. The weak jobs figure is drawing attention as a sign the labor market may be cooling, feeding debate over the health of the economy and what it could mean for interest rates and consumer confidence going forward.
Why now: A weaker-than-expected jobs report raises concerns about slowing economic growth and its implications for the Federal Reserve's policy path.
United StatesUS labor marketFederal Reserve
Evidence
- US economy added 29,000 jobs in September, a slower pace than expected · foxbusiness.com
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