Hiring Increased, but So Did the Unemployment Rate
nytimes.com·5h
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Employers recorded a healthy month of hiring in September, according to today’s jobs report. The economy added 119,000 jobs, easing some concern that the labor market had tipped into a contraction.

There were a couple of noteworthy caveats. The unemployment rate increased to a four-year peak of 4.4 percent, suggesting that more people were looking for work and not finding it. The unemployment rate for workers between ages 20 and 24 is 9.2 percent, the highest it has been since 2015.

The report was also out of date, delayed by six weeks during the government shutdown. The result is…

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