U.S. hiring slows, unemployment ticks higher with a month remaining before Americans head to polls
U.S. employers added a disappointing 29,000 jobs and the unemployment rate ticked up last month, the government reported Friday, a month before voters go to the polls in pivotal midterm elections at a time of discontent over the high cost of living and the state of the economy.
TL;DR
- U.S. employers added 29,000 jobs last month.
- The unemployment rate increased.
- The report was released a month before midterm elections.
- There is public discontent over the high cost of living and the economy.