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✉news BusinessBusiness first seen 16 h ago, last 1 h ago, peak #11

US economy adds just 29,000 jobs in September

Original: U.S. economy adds just 29,000 jobs in September

The United States economy added just 29,000 jobs in September, a sharply weaker hiring figure than analysts expected. The disappointing jobs report raises fresh concerns about slowing growth in the world's largest economy, and economists are watching whether it will push the Federal Reserve toward further interest rate cuts.

Why now: The surprisingly weak jobs number signals a possible slowdown in the US labor market, affecting markets and Fed rate expectations.

United StatesFederal Reserve

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