
U.S. employers added 29,000 jobs in September, and unemployment rose to 4.2%
Revisions cut 60,000 jobs from July and August, turning July into a 10,000-job loss. This is the last jobs report before the Nov. 3 midterms.
Tech employment is down 69,000 over the past year, per Joseph Politano.
ContextBLS says payrolls grew an average of 45,000 a month over the past 12 months. Since 1990, a 12-month gain as small as July's 316,000 has come only during or right after the 2008 and 2020 recessions. First-time jobless claims were 197,000 in the week ended Sept. 26, per Bloomberg.
PLATYPUS ECONOMICS10 sources
