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Data released Friday showed U.S. non-farm payrolls rose by 142,000 in September, considerably lower than the 203,000 jobs the markets had expected.

The debt ceiling. On Thursday, Treasury Secretary Jacob Lew warned that the US would exhaust its ability to borrow on November 5 unless Congress increases the debt ceiling. Emerging economies such as Brazil and Turkey are struggling to grow at all.

The USA has experienced soft patches in job growth before in this expansion, and officials have been expecting job growth to slow from its quick pace earlier this year and last.

“Labor has reported a healthy average of 212,000 job gains a month this year, but advances in August slowed moderately to 173,000 – a drop that many economists attributed to a tendency for initial payroll estimates in August to be undercounted because of seasonal...

The jobless rate, which is derived from a separate survey of households, was unchanged only because 350,000 workers stopped looking for work last month and were no longer counted as part of the labour force.