Payrolls Disaster: Only 142K Jobs Added In September With Zero Wage Growth; August Revised Much Lower

by Tyler Durden
ZeroHedge.com
10/02/2015

And so the “most important payrolls number” at least until the October FOMC meeting when the Fed will once again do nothing because suddenly the US is staring recession in the face, is in the history books, and as previewed earlier today, at 142K it was a total disaster, 60K below the consensus and below the lowest estimate. Just as bad, the August print was also revised far lower from 173K to 136K. And while it is less followed, the household survey was an unmitigated disaster, with 236,000 jobs lost in September.

The Rest…HERE

This entry was posted on Friday, October 2nd, 2015 at 11:34 am and is filed under Economics, Government Evil, New World Order. You can follow any responses to this entry through the RSS 2.0 feed.