(ABC NEWS) September’s jobs report, delayed more than two weeks because of the government shutdown, was hardly worth the wait. Employers added just 148,000 non-farm jobs as the unemployment rate fell to 7.2 percent.
Economists surveyed by Bloomberg News expected 180,000 job additions last month and unemployment to be unchanged at 7.3 percent.
“The employment report released this morning showed that the economic recovery continued its moderate pace during September,” said Robert Murphy, associate professor of economics, Boston College. “Of course, the latest report is based on data from before the government shutdown and debt-crisis brinkmanship, and so to gauge any possible fallout from those events we must await the October numbers.”