From the daily archives: Saturday, October 3, 2015

The US Bureau of Labor Statistics Friday morning released the September 2015 Current Employment Statistics data on U.S. employment. The nation gained 142,000 jobs in September 2015, way below expectations of 203,000 jobs with stagnating wage growth.

The data caused further grief when data not seasonally adjusted for previous months was reduced by 57,000 jobs nationwide. The year-over-year job growth rate over a three-month period shows a slowing, a trend line to watch that could be temporary or portend further problems.

Sources pointed to the job growth rates in September [1.94%, August [2.04%] and July [2.18%] to spot the trend. Manufacturing and mining jobs […]

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