The U.S. labor market slowed last month after a long stretch of job creation, fanning worries that global turmoil is weighing on the domestic economy and diminishing expectations that the Federal Reserve will raise interest rates later this month.
Employers added a modest 142,000 jobs in September, while gains in July and August were revised down by a combined 59,000 positions, the Labor Department said Friday. The job creation was enough to keep unemployment at a seven-year low of 5.1%. But more people moved onto the…
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