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News Link • Employment & Jobs

Gain in U.S. Payrolls May Not Cut Jobless Rate

• Bloomberg

A projected gain in U.S. payrolls in September was probably too small to bring down the unemployment rate as concern mounted that the global recovery was losing momentum, economists said before a report today.

Employment climbed by 55,000 workers after no change in August, according to the median forecast of 91 economists surveyed by Bloomberg News. The jobless rate was 9.1 percent for a third consecutive month, according to the forecasts.


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