US private payrolls exceed expectations in September

US private payrolls exceed expectations in September

Washington. The private sector in the United States created 143 thousand jobs in September, a figure above expectations and higher than the 103 thousand in August, which breaks a sequence of five consecutive months of slowdown, the consulting firm ADP showed. The survey confirms that the majority of employment growth was due to the services … Read more

Yellen calls US labor market “healthy”

Yellen calls US labor market “healthy”

Raleigh. Treasury Secretary Janet Yellen said Thursday that the United States continues to have a “healthy labor market,” even though the pace of job creation has slowed in recent months. Yellen told reporters in North Carolina that July’s unemployment rate of 4.3 percent, a three-year high, remains very low by historical standards. Labor Department jobs … Read more