The US job market showed signs of struggle in September, with a mere 29,000 jobs being added and unemployment rising to 4.2 percent. This news surprised analysts and led to corrections in past employment figures. Despite steady employment in sectors like healthcare and construction, the increase in average hourly earnings to 3.0% provided little comfort. The US job market showed signs of struggle in September, with a mere 29,000 jobs being added and unemployment rising to 4.2 percent. This news surprised analysts and led to corrections in past employment figures. Despite steady employment in sectors like healthcare and construction, the increase in average hourly earnings to 3.0% provided little comfort.
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US job growth slows sharply in September, unemployment rate rises to 4.2%
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