September Jobs Report Underwhelms, as Finance Sector Slumps
Downward revisions and finance and insurance job losses paint a pessimistic picture for the U.S. labor market. In the last jobs numbers report before a contentious U.S. mid-term election, the Bureau of Labor Statistics (BLS) reported that seasonally adjusted nonfarm payrolls added 29,000 jobs in September, while the unemployment rate remained stable at 4.2% The…









