The US economy added 119,000 positions in September, data from the Bureau of Labor Statistics showed Thursday, an unexpected boost to the labor market that has lately shown signs of a possible slowdown.
Wall Street economists expected a gain of around 50,000 positions, according to data from Bloomberg. But, while the September number beat economists’ expectations, revisions to prior months’ data showed August’s payrolls lost 4,000 jobs, compared to the previously reported gain of 22,000. July also showed a slightly smaller boost of 72,000 positions, instead of 79,000.
The unemployment rate,
Wall Street economists expected a gain of around 50,000 positions, according to data from Bloomberg. But, while the September number beat economists’ expectations, revisions to prior months’ data showed August’s payrolls lost 4,000 jobs, compared to the previously reported gain of 22,000. July also showed a slightly smaller boost of 72,000 positions, instead of 79,000.
The unemployment rate,
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