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BUSINESSAnchorage Daily News·7h ago

U.S. hiring slows and unemployment ticks higher with a month remaining before Americans head to polls

Photo · Nam Y. Huh
AI TLDR · GEMINI

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.

Employers added a disappointing 29,000 jobs and the unemployment rate ticked up last month, a month before pivotal midterm elections at a time of discontent over the high cost of living and the state of the economy.

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