✉news BusinessEconomy first seen 16 h ago, last 7 min ago, peak #3
US economy adds just 29,000 jobs in September as hiring slows sharply
The US economy added only 29,000 jobs in September, a sharp slowdown in hiring that points to weakening momentum in the labour market. The figure, reported by the Financial Times, is far below the pace of job growth seen in recent months and is likely to intensify debate over the health of the economy and the outlook for interest rates. Economists will be watching whether the slowdown continues in coming months.
Why now: The much weaker-than-expected jobs number raises concerns about a slowing US economy and possible policy responses.
United StatesFederal ReserveFinancial Times
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- US economy adds just 29,000 jobs in September as hiring slows sharply · Financial Times
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