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Trump’s September Jobs Report Falls Short, Unemployment Rises

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Story summary
  • U.S. President Donald Trump reported September added 29,000 jobs, far below economists’ 90,000 forecast.
  • Unemployment rose to 4.2% in September from 4.1% in August.
  • Hourly wages increased 0.1% to $37.81 while inflation rose 0.4% in August.
  • White House spokesperson Taylor Rogers claimed over one million jobs were created under Trump and bureaucracy fell to 1960s lows.
  • Century Foundation economist Kyle Moore said the labor market is grinding to a halt.