Fast Company/2h ago
U.S. unemployment ticks up to 4.2% as Labor Department releases disappointing job numbers for September
U.S. unemployment ticks up to 4.2% as Labor Department releases disappointing job numbers for September. U.S. employers added a disappointing 29,000 jobs and the unemployment rate ticked up last month, the government reported Friday, a month before voters go to the polls in pivotal midterm elections at a time of discontent over the high cost of living and the state of the economy. Hiring dropped from a revised 133,000 in August , the Labor Department reported. The unemployment rate rose to a still-low 4.2% from 4.1% in August. Economists had expected September payrolls to come in at 90,000. Labor Department.