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News in English (USA) / 02.10.2026 / 23:00

Weak US Job Growth in September Raises Concerns Before Midterms

The US labor market showed signs of slowing in September, with the economy adding only 29,000 jobs, significantly below expectations, leading to an increase in the unemployment rate to 4.2%. This disappointing jobs report has raised concerns for the upcoming midterm elections, drawing criticism from top Democrats who have pointed to what they claim is the failing economic agenda of the current administration. Despite the weak jobs data, US stocks saw a rise, although market analysts suggest that hiring remains sluggish, which could ease pressure on the Federal Reserve regarding interest rate hikes. Overall, the September jobs report indicates a notable shift in the labor market, with hiring slowing sharply and employers across various sectors struggling to maintain growth.
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