Veytics Intelligence
2026-10-03 · KMPH

Final jobs report before midterms delivers disappointment - kmph.com

WASHINGTON (TNND) — The job market slowed in September, adding just 29,000 jobs to the economy, according to Labor Department data released Friday, about one-third of what was expected. The job market saw a slowdown in September, adding just 29,000 jobs to the economy, according to Labor Department data out Friday, about one-third of what was expected. (TNND) The unemployment rate ticked up to 4.2%, from 4.1% in August. The number of jobs added in August was revised down by 29,000 to 133,000. Combined with July's revision, there were 60,000 fewer jobs created over two months than previously reported, the department said. Wage growth also fell short of expectations. Over one month, average hourly earnings rose five cents, or 0.1%.

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