U.S. labor market slows with midterms on the horizon - NBC News — SkimNews

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- The U.S. labor market cooled sharply in September, with payrolls rising by only 29,000 and the unemployment rate climbing to 4.2%.
- The weak September jobs report lands roughly one month before Americans head to the polls, sharpening the labor slowdown as a midterm election issue.
Why it matters: With job growth stalling at 29,000 and unemployment climbing to 4.2%, the September jobs report lands as a politically charged data point weeks before the midterm elections — placing a visibly weaker labor market backdrop directly in front of voters with just weeks to go before they head to the polls.
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