U.S. Job Growth Stalls in September as Unemployment Edges Up to 4.2% - Mahomet Daily

U.S. employers added just 29,000 jobs in September, while the unemployment rate rose slightly to 4.2%. The September gain followed an average monthly increase of 45,000 jobs during the previous 12 months, the bureau reported Friday. Employment showed little change across major industries. The unemployment rate increased from 4.1% in August to 4.2% in September. About 7.1 million people were unemployed, up slightly from 7 million the previous month. The unemployment rate has stayed within a narrow range of 4.1% to 4.3% since March. The household survey, which is used to calculate unemployment, showed the number of employed people rose by 406,000 to 163.2 million in September. The civilian labor force increased by 485,000, reaching about 170.