Posts Tagged ‘nonfarm payroll’
U.S. Jobless Rate Worse Than Expected
The nonfarm payroll statistics for September showed a sharp decline of 95,000 jobs--far more than analysts predicted. The steep drop reflected a decline in government payrolls that shows the damage being done by rising fiscal deficits. “September’s U.S. payroll report adds to the evidence that the recovery is losing what little forward [...]
Jobless Rate Worsens Less Than Expected
The nation's jobless rate worsened slightly last month, moving up to 9.6% from 9.5% in July, according to a government report issued Friday. Nonfarm payrolls decreased by 54,000. The decrease was due to U.S. Census cutbacks, while the private sector increased its payrolls by 67,000. Both July and June's private-sector job figures were upwardly [...]
