U.S. added just 29,000 jobs in September. with unemployment rate rising to 4.2%

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The U.S. economy added only 29,000 jobs in September, significantly missing the 84,000 gains expected by forecasters. This slowdown occurs as employers face growing uncertainty, contributing to an unemployment rate that has risen to 4.2%. While projections suggested a stable but sluggish labor market, the actual figures show a much sharper decline in hiring. These results highlight a cooling trend in the U.S. employment sector compared to previous economic expectations for the month.
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