Job Losses Unexpectedly Rise In September

The U.S. Department of Labor reported that the overall number of jobs held by Americans declined by 263,000 in September.  That figure was 201,000 in August.  Economists had expected job losses to be on the order of 170,000.  The Department also reported that average hourly wages paid were up 2.3 percent year-over-year.

Advertisement

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Connecting to %s


Follow

Get every new post delivered to your Inbox.