US adds just 29,000 jobs in September as July and August are revised lower

US nonfarm payrolls increased by just 29,000 in September, while July and August payrolls were revised down by a combined roughly 60,000. Hiring in health care, construction and manufacturing was offset partly by government job losses, and average hourly earnings undershot expectations. The weak employment and wage data reinforce signs of labor-market cooling and could influence expectations for Federal Reserve easing.