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US employers add 80,000 jobs as economy struggles

Job Report

Third straight month of weak hiring shows economy is struggling three years after recession ended. The unemployment rate was unchanged at 8.2 percent, the Labor Department said Friday. Click to Continue »

 

Stocks get modest support from US jobs figures

Stocks get modest support from US jobs figures

Stocks got a lift Friday by news that the US economy generated more jobs than anticipated over the past three months, reinforcing hopes that the world's largest economy will not be sliding back into recession. The Labor Department reported that the U.S. added 103,000 jobs in September. That was above expectations for a 60,000 increase. It also revised up the previous two months' figures to show around 90,000 more jobs were created than previously thought.

 

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