Breaking: Economy Adds Just 194,000 Jobs in September as Hiring Slows to a Crawl

The U.S. economy added 194,000 jobs in September, after economists predicted employers would hire roughly 500,000 new workers, the Bureau of Labor Statistics announced on Friday.

This month is the second in a row in which job growth fell short of expectations, with the U.S. adding 235,000 jobs in August despite economists’ predictions of 728,000 new jobs. The unemployment rate declined from 5.2 percent in August to 4.8 percent in September.

“Ramped up production may be necessary, but you can't find the employees to ramp it up,” Ann Silver, CEO of the Reno-Sparks-Northern Nevada Chamber of Commerce, told the Wall Street Journal. “We're hearing that from every sector—hospitality and touring, healthcare, you name it. People can't be found. Everybody's quick to say, ‘Wow, the economy is rebounding.’ Well, it can't without human beings.”

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Economy Adds Just 194,000 Jobs in September as Hiring Slows to a Crawl

Economists predicted employers would hire roughly 500,000 workers in ... READ MORE

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