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The US economy lost 32,000 private-sector jobs in September
['Cnn Newsource']
KVIA
The Bureau of Labor Statistics is unlikely to release the monthly jobs report this Friday due to the closure.
US private-sector businesses lost 32,000 jobs in September, according to the report.
In addition to the private-sector job losses, the latest (and last-for-now) release from the BLS showed that the US labor market activity has grown increasingly stagnant.
The BLS’ jobs report for August showed that the economy added an estimated 22,000 jobs, and the unemployment rate rose to 4.3%, its highest level in nearly four years.
All told, it reaffirmed that the US labor market is slowing and at risk of stalling out.