The US added fewer jobs than expected in September and wage growth slowed, signaling some caution among employers amid rising costs.  

Nonfarm payrolls increased 29,000 last month after a downward revision to the prior two months, according to Bureau of Labor Statistics data out Friday. That missed all estimates in a Bloomberg survey of economists. 

The unemployment rate rose to 4.2%, partly reflecting a growing workforce. 

Bloomberg’s Tom Keene and Paul Sweeney get reaction from: 
Claudia Sahm, Chief Economist at New Century Advisors 
Rebecca Patterson, Senior Fellow at Council on Foreign Relations 
Kristina Campmany, Senior Portfolio Manager at Invesco

The US added fewer jobs than expected in September and wage growth slowed, signaling some caution among employers amid rising costs. &nbsp;
Nonfarm payrolls increased 29,000 last month after a downward revision to the prior two months, according to Bureau of Labor Statistics data out Friday. That missed all estimates in a Bloomberg survey of economists.&nbsp;
The unemployment rate rose to 4.2%, partly reflecting a growing workforce.&nbsp;
Bloomberg&rsquo;s Tom Keene and Paul Sweeney get reaction from:&nbsp;
<ul>
<li>Claudia Sahm, Chief Economist at New Century Advisors&nbsp;</li>
<li>Rebecca Patterson, Senior Fellow at Council on Foreign Relations&nbsp;</li>
<li>Kristina Campmany, Senior Portfolio Manager at Invesco</li>
</ul>

Listen for the latest in finance, economics and investment. 

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern bring you interviews from Bloomberg Surveillance Television. 

Join Tom Keene and Paul Sweeney for the best conversations from Bloomberg Surveillance Radio. 

Watch Surveillance TV LIVE each mornings: http://bit.ly/3P7nstQ. 

Watch Surveillance Radio LIVE weekday mornings: http://bit.ly/3vTiACF. 

Listen for the latest in finance, economics and investment. Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern bring you interviews from Bloomberg Surveillance Television. Join Tom Keene and Paul Sweeney for the best conversations from Bloomberg Surveillance Radio.&nbsp; Watch Surveillance TV LIVE each mornings: <a href="http://bit.ly/3P7nstQ">http://bit.ly/3P7nstQ</a>. Watch Surveillance Radio LIVE weekday mornings: <a href="http://bit.ly/3vTiACF" data-destination="rte:bind">http://bit.ly/3vTiACF</a>.&nbsp;

Tom Keene and Paul Sweeney have the economy and the markets "under surveillance" as they cover the latest in finance, economics and investment.

Bloomberg Surveillance

US Firms Add Just 29,000 Jobs, Unemployment Rate Ticks Up: Instant Reaction

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/ac307030-91ae-4b5f-9a2e-b4d700d68b95/transcript