The details of September's jobs report are more encouraging

Friday’s jobs report for September was a disappointment, showing the economy adding just 29,000 new payroll jobs and the unemployment rate ticking up to 4.2%.

The details of September's jobs report are more encouraging

TL;DR

  • September jobs report added only 29,000 new payroll jobs.
  • Unemployment rate increased to 4.2%.
  • Underlying economic conditions appear healthier than the headline figures suggest.