Mmastodon BusinessMarkets first seen 11 h ago, last 4 h ago, peak #11

US Job Growth Slows to 29,000 as Unemployment Rises Before Midterms

Original: ⚡ NEWS US Job Growth Slows and Unemployment Rises Before Midterms The US economy added only 29,000 jobs in September, wh

The US economy added only 29,000 jobs in September while the unemployment rate climbed to 4.2 percent, according to Labor Department data. The sharp slowdown in hiring lands just weeks before the midterm elections, giving voters a fresh economic signal and handing opposition figures talking points about the direction of the economy.

Why now: Weak jobs data released close to the midterm elections is fueling debate over the economy's health and its political impact.

United StatesUS Labor Departmentmidterm elections

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• ⚡ NEWS US Job Growth Slows and Unemployment Rises Before Midterms The US economy added only 29,000 jobs in September, while the unemployment rate rose to 4.2 percent according to Labor Department data. This slowdown occurs ahead of the midterm elections, signaling potential… · GeoWire · 3

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