Posted by
Team Turk on Saturday, October 07, 2006 11:37:00 AM
Kansas City Star documents
mixed, positive news.
The national unemployment rate dropped to equal its five-year low — 4.6 percent — last month, but U.S. employers added only 51,000 new jobs, less than half of what was expected.
The tepid job growth for September fell short of the 120,000 new jobs that analysts had predicted, but the decline in the jobless rate from 4.7 percent in August presented a good-news counterweight.
The U.S. Department of Labor also reported that revised payroll figures for August put job creation for that month at 188,000 jobs, or 60,000 more jobs than what was previously announced. July numbers also were revised upward by 2,000.