Independent Day Traders » Non-Farm Report http://independentdaytraders.org Forex for Beginners - Information and Training Sat, 17 Dec 2011 02:03:23 +0000 en hourly 1 http://wordpress.org/?v=3.3 Non-Farm Report Shows US Jobs Market Getting Worse http://independentdaytraders.org/non-farm-report-shows-us-jobs-market-getting-worse.htm http://independentdaytraders.org/non-farm-report-shows-us-jobs-market-getting-worse.htm#comments Fri, 02 Oct 2009 13:29:04 +0000 admin http://independentdaytraders.org/?p=99 From CNNMoney.com

More jobs were lost in September than expected and unemployment rate hits 26-year high of 9.8%.

NEW YORK (CNNMoney.com) — Employers cut more jobs from their payrolls in September and the unemployment rate hit another 26-year high, as the long-battered U.S. labor market took an unexpected turn for the worse, according to a government report Friday.

The Labor Department said there was a net loss of 263,000 jobs in the month, up from a revised loss of 201,000 jobs in August. Economists surveyed by Briefing.com had forecast losses would fall to 175,000 jobs.

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