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U.S. Payrolls Miss Estimates as Wages Cool in Sign of Downshift

Friday, 4 October 2019 19:46 WIB Ekonomi AS Data Payroll Non-Farm Employment

U.S. private hiring was less than forecast in September as wage gains cooled, offering a warning that the record-long expansion may be starting to falter even as the jobless rate fell to a half-century low. Private payrolls expanded by 114,000 after an upwardly revised 122,000 advance the prior month, according to a Labor Department report Friday that missed the median estimate of economists for a 130,000 gain. Total nonfarm payrolls climbed a below-forecast 136,000, which was boosted by 1,000 temporary government workers to prepare for the 2020 Census count. Average hourly earnings rose 2.9% from a year earlier, the weakest in more than a year and missing...

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A report on the health of China’s manufacturing sector improved in September, although it was still below the line indicating contraction. The manufacturing purchasing

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