🇺🇸 WaPo: The US economy added just 29,000 jobs in September, falling far short of forecasts of about 84,000 and signaling a sharp slowdown in hiring.

The unemployment rate rose from 4.1% to 4.2%, with the labor market increasingly characterized by limited layoffs but a lack of new employment opportunities.

Inflation, tighter immigration enforcement and the growing adoption of artificial intelligence are putting additional pressure on the job market, especially for recent graduates looking for entry-level roles.