US jobs report sees 'another big miss'

Numbers may have “thrown expectations for tapering into disarray”

clock • 3 min read
The Federal Reserve
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The Federal Reserve

The US economy added just 194,000 new jobs in September, continuing the poor performance seen in August with this month seeing the smallest gains since December 2020.

The numbers "came in below expectations", said John Leiper, chief investment officer at Titan Asset Management, as "the consensus forecast" had been around 500,000 jobs. The report was compiled in mid-September,...

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