Mmastodon BusinessEconomy first seen 1 d ago, last 45 min ago, peak #1
US jobs growth disappoints as unemployment rises to 4.2%
Original: # US adds disappointing 29,000 # jobs & # unemployment ticks up to 4.2% in September # Trump # policy # labor # economy
The US economy added just 29,000 jobs in September, a sharply disappointing figure, while the unemployment rate ticked up to 4.2%, according to an Associated Press report. Commentators are linking the weak labor market to Trump administration policies, including tariffs, and warning of mounting pressures on affordability, cost of living, and recession risk.
Why now: Weak jobs data raises fresh concerns about the health of the US economy and the impact of current policy.
United StatesDonald TrumpAssociated Press
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