Oooooh. Amiserable new jobs report on the eve of mid-term elections.
Is this the October Surprise that Karl Rove has been bragging about?
Employers added far fewer workers to their payrolls in September, according to the government’s latest reading of labor market strength that came in much weaker than Wall Street expectations.
Overall, U.S. payrolls grew by 51,000 jobs in September, according to the Labor Department. That’s down from the revised 188,000 job gain in August. Economists surveyed by Briefing.com had forecast a gain of 120,000 jobs.