US job growth slows sharply in September, unemployment rises
US job growth slowed more than expected in September, but that likely does not signal a material shift in the labour market, with the weakness likely related to a calendar quirk. Nonfarm payrolls increased by 29,000 jobs last month after โa downwardly revised 133,000 rise in August, the Labor Departmentโs closely watched employment report showed on Friday. Economists polled by Reuters had forecast payrolls advancing 90,000 after a previously reported 162,000 surge in August. Estimates ranged...