Grim Jobs Report Is Likely to Delay a Move by the Fed on Rates

[vy]

In other words, that nigger administration run by obama just got
caught lying again.

Unexpectedly dismal job growth last month cast a shadow on the
nation’s economy, as a government report on Friday sent analysts
scrambling for adjectives like “dreadful,” “a body blow” and
“grim” to describe just how disappointing they found the latest
employment figures.

The Labor Department found that the jobless rate held steady at
5.1 percent in September, but wage gains stalled, the labor
force shrank and employers created many fewer positions than
they had been averaging in recent months. While the latest
report is only a snapshot of the economy and the weakness may
ultimately prove fleeting, it made clear that ordinary workers
are still failing to take home the kind of monetary rewards
normally expected from a recovery that has being going on for
more than six years.

Construction workers in Manhattan in August. The unemployment
rate remained 5.1 percent.Economic Trends: What the Terrible
September Jobs Report Means for the EconomyOCT. 2, 2015
The new estimates came just two weeks after the Federal Reserve
decided that the economy’s advance remained too fragile to risk
lifting interest rates from their near-zero level — even as it
hinted an increase would come before the year’s end. Now,
experts said, signs of a slowdown may well push any rise into
2016.

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