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Job growth in Sept slows, clouds case for Fed rate hike

Saturday, October 8, 2016 - 05:50

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US employment growth unexpectedly slowed for the third straight month in September, which could make the Federal Reserve more cautious about raising interest rates.

Washington

US employment growth unexpectedly slowed for the third straight month in September, which could make the Federal Reserve more cautious about raising interest rates.

Non-farm payrolls rose 156,000, down from a revised gain of 167,000 jobs in August, the Labor Department

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