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Employers Probably Stepped Up Hiring
Employers probably added more jobs in September than the prior month and the U.S. jobless rate held at the lowest level since 2008, indicating progress in the labor market will help sustain growth, economists said before a report this week. Payrolls rose by 180,000 workers, the most since April, after a 169,000 gain the prior month, according to the median forecast of 60 economists surveyed by Bloomberg ahead of Labor Department figures due Oct. 4. Manufacturing grew in August at close to the fastest pace in two years, separate data may show. The unemployment rate remains elevated, according to Federal Reserve policy ... (full story)
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