US economy adds disappointing 29,000 jobs in September; unemployment rises to 4.2%.

The U.S. Labor Department reported that employers added significantly fewer jobs than expected in September, with only 29,000 new positions, falling short of the anticipated 90,000. The unemployment rate also ticked up to 4.2% from 4.1% in August. Revisions further reduced job gains for July and August by a combined 60,000.