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Unemployment steady at 9.6%, 95,000 jobs lost in September; Update: “Unexpectedly”; Update: “Unexpectedly” unexpectedly deleted

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Stagnation.


The unemployment rate continued at its August level in September, according to the Bureau of Labor Statistics, steady at 9.6% despite the net loss of almost 100,000 jobs in the month.  That mainly came from Census Bureau layoffs and local government cutbacks, which totaled 159,000.  The private sector added 64,000 jobs, fewer than in August [...]

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