Private Sector Job Growth Slows in September; Annual Pay Rises
Large establishments lose 83,000 jobs, offsetting August's gains.
Large establishments lose 83,000 jobs, offsetting August's gains.
Health care and construction industry lead in job growth.
Despite below-expected growth, Fed still expected to raise interest rates.
Despite 15% increase in new jobs from April, unemployment rate rises to 3.7%.
Unemployment rate dipped to 3.5%.
Combined with upward revisions for November & December, market proves even stronger than many thought.
Economy added 223,000 jobs in December as unemployment rate dipped to 3.5%.
Adds 263,000 jobs in September; unemployment rate dips to 3.5%
Job growth slowed to 315,000, but likely not enough to keep the Fed from raising rates later this month.