According to August data, which caused wide concern over the economy, the job growth remain at zero. However, in September, the US economy added a better than expected 103,000 new jobs. This raises hopes that a “double-dip” recession will not come.
While the unemployment rate held steady at 9.1%, the new data indicate a change in the US job market and suggests that it is less likely for a second recession to come.
- No Comments
- Tags: US Jobs