US hiring slows and unemployment ticks higher with a month remaining before Americans head to polls
Economic confidence remains low despite a strong job market. Factors contributing to this sentiment include inflation, high interest rates, trade wars, and geopolitical tensions affecting gas prices.
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.
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