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IPFS News Link • Economy - Economics USA

US Unemployment Rate Unexpectedly Plunges Below 8% As 661K Jobs Added

• Zero Hedge

In a repeat of last month when the monthly payrolls came in as expected but the unemployment rate dropped far more than expected, moments ago the BLS report that in September a total of 661K jobs were added, below the 868K expected, and less than half the 1.489MM in August...

... while the Household survey showed an even weaker growth, as the ranks of employed workers rose by just 275K to 147.563MM...


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