You are here


Payrolls rise less than projected; US jobless rate holds steady

The jobless rate remains unchanged at 5.1%, as employers hesitate to hire new workers

SILVER LINING AMID CLOUDS: Among the few positive signs in the report was a figure showing more full-time job opportunities. Americans working part time who would prefer a full-time position decreased to 6.04 million, the fewest since August 2008, from 6.48 million. .


PAYROLLS rose less than projected in September, wages stagnated and the jobless rate was unchanged as people left the workforce, signalling the global slowdown and financial-market turmoil are rippling through the world's largest economy.

The addition of 142,000 jobs