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GgoogleIT first seen 9 d ago, last 3 d ago, peak #1

US jobs report shows weak September hiring, unemployment rises

Original: report

The September US jobs report showed employers added just 29,000 positions, far short of forecasts, while the unemployment rate rose to 4.2%. Economists had expected the labor market to hold steady, so the data points to a cooling economy. Democrats attacked the administration's economic agenda over the miss, and markets now expect the Federal Reserve to skip a rate hike in October as job growth slows.

Why now: The unexpectedly weak jobs numbers just released are reshaping debate over the US economy and Fed policy.

Federal ReserveUS labor marketDonald TrumpDemocratic Party

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