Report
US added 29,000 jobs in September as unemployment rose to 4.2%
The Financial Times reports that July and August payrolls were revised down by 60,000 as traders cut bets on Fed rate rises.
TLDR
Yahoo Finance reports that the US added 29,000 jobs in September, below the 90,000 economists expected, while unemployment rose from 4.1% to 4.2%. It says healthcare added 17,000 jobs and financial activities lost 7,000. The Financial Times reports that July and August payrolls were revised down by a combined 60,000, prompting traders to pull back bets on Fed rate rises. Reuters says the labor market remains stable.
Combined views
1.1M
43 Sources, first seen ago
8.8K likes788 comments279 saves1.5K reposts