U.S. Economy Added 103,000 Jobs in September; Unemployment Stays at 9.1%
The American economy added 103,000 jobs in September, the Labor Department
reported Friday, a positive sign amid warnings that the country could be headed
back into recession.
In its monthly report, the department also revised the August figure to a gain
of 57,000, after an initial reading of no net growth.
The unemployment rate remained at 9.1 percent in September for a third month.
The report came on the heels of disappointing data about consumer confidence and
the housing market, and as President Obama pushes Congress to pass his jobs
bill. And economists have grown increasingly concerned about a ballooning
European debt crisis that could send ripples across the Atlantic.
Read More:
http://www.nytimes.com/2011/10/08/business/economy/us-adds-103000-jobs-rate-steady-at-9-1.html?emc=na
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