The U.S. added only 29,000 jobs in September as job market lacks spark

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Coverage
Wires & papers of record
- 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.
Coverage
- The U.S. job market has been stuck in what economists call a low-hire, low fire mode for the past two years — and the September employment report is likely to be in line with this unusual trend.
- The US economy added 29,000 jobs in September, with unemployment rising to 4.2 percent, according to Labor Department.
- The bottom didn’t drop out of the labor market after a poor September U.S. jobs report. But what it did show is hiring is slow and it’s a tough time to find work.