Jobs

NY Times - Employers added 29,000 jobs last month and the unemployment rate rose to 4.2 percent, federal data showed on Friday, slower than expected growth for a labor market that had shown surprising strength in recent months. That strength has stood in tension with the strain of higher prices as inflation has marched higher since the start of the war in Iran. For most workers, wages at their jobs haven’t kept up. Growth in average hourly earnings were weak in September, falling to 3 percent on an annual basis, well below the current rate of inflation.