WASHINGTON, DC – October 4, 2026 (STL.News) The U.S. labor market sent another warning signal in September as employers added just 29,000 jobs, previous months were revised substantially lower, and the unemployment rate edged up to 4.2%. The latest numbers do not show an economy suffering widespread layoffs or an employment collapse. Instead, they point to a different problem: businesses are largely holding onto the workers they already have while becoming increasingly reluctant to hire new ones. That distinction may explain why official unemployment remains relatively low even as many Americans searching for work encounter a difficult hiring
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