“September’s jobs report misses: US added just 29,000 jobs, unemployment ticked up”
November 3, 2026
“The US added just 29,000 jobs in September, missing expectations, as the unemployment rate ticked up to 4.2%, according to Labor Department data released Friday.
September’s miss points to a labor market that’s continuing to lose steam amid a long period of “low hire, low fire” dynamics. Average hourly earnings rose an anemic 0.1% from August and are up 3% year over year, a level that’s likely below the current rate of inflation…”