The Fed is expected to keep easing at full throttle well into next
year, after September's tepid jobs report showed the impact of a
painfully slow growing economy on employment.
The economy
added 148,000 nonfarm payrolls, compared with expectations for 180,000,
and a revised 193,000 in August. The jobless rate fell to 7.2 percent,
from 7.3 percent.
The report, delayed by the government
shutdown and released Tuesday morning, showed surprisingly low growth in
the private sector of just 129,000 jobs and a weakening trend in the
past several months. While August jobs were revised to 193,000 from
169,000, the July report was revised down to 89,000 from 104,000.
READ MORE: http://www.cnbc.com/id/101132507
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