September Payrolls Fall 35,000, Less Than Expected

Published on:
12 September 2006 at 10:20 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00018302-september-payrolls-fall-35000-less-than-e/

By Rex Nutting, MarketWatch

Reeling from two hurricanes, U.S. nonfarm payrolls fell by an estimated 35,000 in September, the first decline in more than two years, the Labor Department said Friday.

The decline was much less than the 150,000 expected by Wall Street economists surveyed by MarketWatch.

In addition to the better-than-expected September results, payrolls in July and August were revised higher by a total of 77,000 jobs. Job growth has averaged 194,000 per month over the past year.

For this complete story, please visit September Payrolls Fall 35,000.

September Payrolls Fall 35,000, Less Than Expected

Unknown Author

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