Friday, October 7, 2016

US adds just 156,000 jobs, unemployment rate rises to 5.0%

waitressThe US labor market stumbled a bit in September.

US companies added just 156,000 jobs during the month, missing expectations for 172,000. Meanwhile, the unemployment rate climbed to 5.0% from 4.9% a month ago.

Average hourly earnings climbed by just 0.2% month-over-month, which was weaker than the 0.3% expected by economists.. . . more

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