US jobs market sees sharp slowdown ahead of midterm elections
Unemployment rose slightly as American employers paused hiring with midterm elections just a month away.
Last updated: 2026-10-04 20:06:45 ET
Unemployment rose slightly as American employers paused hiring with midterm elections just a month away.
U.S. employers added just 29,000 jobs in September
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U.S. employers added 29,000 jobs in September as the unemployment rate inched up to 4.2%. Job gains for July and August were revised down by a total of 60,000 jobs, extending a lackluster run for the job market.
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 Septemb...
Unemployment ticked up to 4.2% in September, while employers pulled back on hiring amid economic headwinds.
The Labor Department offered an update Friday on the strength of the U.S. job market. The news comes as long-term interest rates have been climbing.
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