Modest US Job Growth

Time:11:51 p.m. CEST

The U.S. employment growth eased for the third straight month in September, but the slowdown was not expected to prevent the Federal Reserve from raising the interest rates, Reuters publishes. The latest Labor Department’s report suggested the economy was on firm ground. Nonfarm payrolls rose by 156,000 last month, down from a gain of 167,000 in August. The unemployment rate ticked up a tenth of a percentage point to 5.0 percent as more Americans rejoined the labor force.



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