US September payrolls rise just 29,000 vs 89,000 expected; July turns negative; unemployment 4.2%

US employers added 29,000 jobs in September, far below the 89,000 expected, with July revised to a negative figure and the prior two months revised down by 60,000. The unemployment rate rose to 4.2% versus 4.1% expected, and average hourly earnings rose 0.1% month over month (3.0% year over year), the smallest monthly gain in over five years.

Detected & updated continuously · Source: Nebula