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US added just 29,000 jobs in September in sharp drop from last month’s gains

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Final jobs report before the midterm elections also shows the US unemployment rate rose slightly to 4.2%

US employers added just 29,000 jobs in September, a sharp drop from last month’s gains, in the final jobs report before the midterm election.

The country’s unemployment rate rose slightly to 4.2%, according to the latest data from the US Bureau of Labor Statistics. The numbers were just a fraction of economists’ expectations of just under 70,000 new jobs.

Continue reading…Final jobs report before the midterm elections also shows the US unemployment rate rose slightly to 4.2%US employers added just 29,000 jobs in September, a sharp drop from last month’s gains, in the final jobs report before the midterm election.The country’s unemployment rate rose slightly to 4.2%, according to the latest data from the US Bureau of Labor Statistics. The numbers were just a fraction of economists’ expectations of just under 70,000 new jobs. Continue reading…