Cryptocurrency2 Oct 2026SEO 801 min read

Analysis: U.S. added just 29,000 jobs in September, with unemployment rate rising to 4.2%

Bitcoin held earlier gains following the report, up more than 2% over the past 24 hours and just below $87,000. The U.S. added 29,000 jobs in September, missin…

Bitcoin held earlier gains following the report, up more than 2% over the past 24 hours and just below $87,000. The U.S. added 29,000 jobs in September, missing forecasts for 90,000. The unemployment rate unexpectedly rose to 4.2%. Bitcoin continued about 2% higher for the day at $86,600. The U.S. labor market showed weakness in September, potentially giving the Federal Reserve room to hold interest rates even as inflation remains elevated. The U.S. added 29,000 jobs in September, according to…

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Analysisaddedjust29000jobsSeptemberwithunemployment