Wednesday, December 26, 2012

Unemployment Rate Ticked Up To 7.9 Percent; 171,000 Jobs Added | Synopsis

Unemployment Rate Ticked Up To 7.9 Percent; 171,000 Jobs Added

report (29 von 143)
report (29 von 143) by Report Verlag
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Excerpt:

But private and public employers added 171,000 to their payrolls — nearly 50,000 more than economists had expected. So the news is somewhat mixed: While the jobless rate remained stuck near 8 percent, job growth was better than forecast. We'll have more from the report and reactions to it as the morning continues. Hit your refresh button to be sure you're seeing our latest updates. Update at 8:40 a.m. ET. September Job Growth Revised Up: There were 148,000 jobs added to payrolls in September, BLS now says. That's up from the agency's initial estimate of 114,000. Our original post (from 7 a.m. ET). "Jobless Rate Likely Edged Up In October, Job Growth Was Likely Modest": The last major economic report before Election Day is due at 8:30 a.m. ET and economists say we should expect to hear that the unemployment rate ticked up to 7.

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Organization: Bureau of Labor Statistics

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