Mmastodon BusinessEconomy first seen 1 d ago, last 51 min ago, peak #1
US job growth disappoints with 29,000 added in September
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, well below expectations, while unemployment ticked up to 4.2%, according to figures reported by the Associated Press. The weak labor market reading is drawing attention amid ongoing debate over the Trump administration's economic policies, including tariffs, and rising concerns about inflation, affordability and the risk of a recession.
Why now: The jobs report landed far below expectations, reviving worries about slowing growth and the economic impact of current policy.
United StatesDonald TrumpAssociated Press
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