Guidant Financial Group Blog

September Jobs Report

Friday
Despite economic uncertainty, the Labor Department reported a rise in payrolls during the month of September.

CNN Money reports, "Employers added 103,000 jobs in the month ... And July and August were both revised higher, showing an additional gain of 99,000 jobs over the summer."

However, the increase still reflects a weak economy. CNN Money explains that "the economy has recovered only 2.1 million of the 8.6 million jobs lost since the recession began."

Read the full report here.

The Wall Street Journal reported some economists believing this growth is "Not weak enough to call it a recession, not strong enough to qualify as a healthy recovery/expansion."

Read the full article here.

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posted by Garrett @ Guidant @ 8:10 AM

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