September employment adds 29k jobs
The September jobs report shows U.S. employers added 29,000 jobs, with the unemployment rate rising slightly to 4.2%. August and July figures were revised downward, and the labor force participation rate increased modestly. Average hourly earnings rose to $37.81, but it's unclear if wage growth kept pace with inflation. Federal Reserve officials will review these data ahead of their October policy meeting.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)