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NO SURPRISE, the TRUTH AND FACTS are far different than our Progressive Spokesman wants to believe.
Oct 2, 10:37 AM EDT
US hiring slowed in September as global economy weakened
WASHINGTON (AP) -- U.S. employers cut back sharply on hiring in September and added fewer jobs in July and August than previously thought - a sour note for a labor market that had been steadily improving.
The economy added just 142,000 jobs last month, depressed by job cuts by manufacturers and oil drillers. The unemployment rate remained 5.1 percent, but only because many Americans have stopped looking for work and are no longer counted as unemployed. The proportion of adults either with a job or looking for one is at a 38-year low.
Friday's tepid jobs report from the government suggested that the U.S. economy, which has been outshining others around the world, is weakening. Lackluster growth overseas has reduced exports of U.S. factory goods. China, the world's second-largest economy after the United States, is slowing. Europe is struggling. Emerging economies from Brazil to Turkey are straining to grow at all.
http://hosted.ap.org/dynamic/stories/U/US_ECONOMY?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2015-10-02-08-33-31
Oct 2, 10:37 AM EDT
US hiring slowed in September as global economy weakened
WASHINGTON (AP) -- U.S. employers cut back sharply on hiring in September and added fewer jobs in July and August than previously thought - a sour note for a labor market that had been steadily improving.
The economy added just 142,000 jobs last month, depressed by job cuts by manufacturers and oil drillers. The unemployment rate remained 5.1 percent, but only because many Americans have stopped looking for work and are no longer counted as unemployed. The proportion of adults either with a job or looking for one is at a 38-year low.
Friday's tepid jobs report from the government suggested that the U.S. economy, which has been outshining others around the world, is weakening. Lackluster growth overseas has reduced exports of U.S. factory goods. China, the world's second-largest economy after the United States, is slowing. Europe is struggling. Emerging economies from Brazil to Turkey are straining to grow at all.
http://hosted.ap.org/dynamic/stories/U/US_ECONOMY?SITE=AP&SECTION=HOME&TEMPLATE=DEFAULT&CTIME=2015-10-02-08-33-31
