Mmastodon BusinessEconomy first seen 8 h ago, last 1 h ago, peak #1
US jobs report shows sharp slowdown in September
Original: # Trump 's🚨"GOLDEN AGE"? "The US # economy adds +29,000 jobs in Sept,🚨well below expectations of +89,000. The # unemploy
The US economy added just 29,000 jobs in September, far below expectations of 89,000, while the unemployment rate rose to 4.2%, above the expected 4.1%. August's job figures were also revised down by 29,000, making this the third-weakest jobs report of the year. Critics are citing the weak numbers to question President Trump's claims of a 'golden age' for the American economy.
Why now: The unexpectedly weak jobs figures directly challenge the administration's economic narrative, drawing sharp commentary.
Donald TrumpUnited StatesUS labor market
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