Nonfarm payrolls rose by just 29,000 in September, well below the 84,000 forecast, and the unemployment rate rose to 4.2%, the Bureau of Labor Statistics said.
Labor market faltered in September as jobs increased by just 29,000, unemployment rate rose to 4.2%
Original reporting
CNBC: read the full reportFollow this story
Earlier reports and follow-ups on the same developing story.
Related stories

AI cloud computing companies face ‘guppy-level death’, Elon Musk warns, as funding dries up – business live
Rolling coverage of the latest economic and financial news UK tech company Computacenter is benefitting from the AI boom. This morning, Computacenter raised its financial outlook for this financial year, after “a very strong first half performance”. Sourcing revenue continued to grow strongly, primarily driven by hyperscale and neocloud customers in North America and the UK. Group Services revenue was also ahead of last year, as strong organic growth in Professional Services, also driven by North America, more than offset a decline in Managed Services revenue. I think we’re going to see a lot of stranded compute in partially complete datacenters Continue reading...

Brazil's Lula wins historic presidential election; Bolsonaro reportedly refuses to concede
Leftist president Luiz Inácio Lula da Silva defeated the far-right senator and was elected president of Brazil for a fourth non-consecutive term Full report: Lula wins fourth term as Brazil’s president over Flávio Bolsonaro Live second round results The local electoral court ordered the immediate restoration of 100% of the bus fleet and ordered the arrest of the municipal transport secretary, Pablo Souza, on suspicion of an electoral offence and disobeying court orders. The arrest warrant could not be carried out, however, because he is in Paris on what the city government described as an “official mission”, and is not expected to return to Brazil until Monday. Late in the afternoon, Flávio Bolsonaro also filed requests for voting to be extended by two hours in cities in the states of São Paulo, Paraná and Santa Catarina, but because of heavy rain that he said had prevented voters from t

How will pedestrianisation of UK’s most famous shopping street work in practice?
A stretch of London’s Oxford Street is to be vehicle-free as part of £150m government-backed scheme Much of Britain’s most famous shopping street will be closed to traffic from Monday as the long-awaited pedestrianisation of London’s Oxford Street begins. About half of the 1.2 mile street will initially be vehicle-free, after decades of planning and dispute over how to best use the street, an important transport thoroughfare and the home for flagship stores for big shopping chains. Continue reading...

Salon owners urge Budget VAT cut as staffing pressures grow
Marcus Perkins, who owns a hair and beauty salon in Brierley Hill, says he is scared for the future.

We’ve made Oxford Street traffic-free – and that’s just the start. Soon there’ll be green spaces for arts and music too | Sadiq Khan
We’ll revive the in-person shopping experience with a transformation of the area, inspired by the John Lewis and Selfridges founders who first set up there Sadiq Khan is the mayor of London At around 8pm on Sunday evening the last car made its way down Oxford Street, marking the start of a momentous new era for our nation’s high street. Today, after decades of discussions and deliberations, the action we’ve taken means almost one kilometre of Oxford Street is now officially traffic-free – just in time for Christmas. But this is only the start of a much bigger transformation, and the first step towards a bright new future for this historic thoroughfare. Walk down Oxford Street, and you’re passing through hundreds of years of British history and culture. In 1864, an ambitious young draper called John Lewis opened his first shop on the street. Forty-five years later, the American entreprene

Higher training costs for older workers risks plan to tackle youth jobs crisis, employers say
Exclusive: Ministers planning overhaul of apprenticeship funding to increase cost of over-25s training, Guardian understands Britain’s largest employers have told the government that forcing businesses to pay more to train older workers risks damaging its goal to tackle the youth jobs crisis. The Guardian understands ministers plan to overhaul Labour’s apprenticeship funding scheme to increase the cost of training a worker over the age of 25 in England by 25%, to encourage firms to train young people instead. Continue reading...