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September Jobs Report
by , 10-05-2018 at 08:49 AM (551 Views)
U.S. Payrolls and Wages Cool While Jobless Rate Hits 48-Year Low
Nonfarm payrolls rose 134,000 after a 270,000 gain the prior month that reflected a large upward revision, a Labor Department report showed Friday. The median estimate in a Bloomberg survey called for an increase of 185,000 jobs. Average hourly earnings climbed 2.8 percent from a year earlier, matching projections, while the jobless rate fell more than projected to 3.7 percent, the lowest since 1969.Revisions added a total of 87,000 jobs to payrolls in the previous two months, according to the figures, resulting in a three-month average of 190,000. Hiring data may show storm- related swings for October too, economists said.
https://www.bloomberg.com/news/articles/2018-10-05/u-s-payrolls-and-wages-cool-while-jobless-rate-hits-48-year-low?srnd=premium
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