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RJ & Makay

Our view of news, events and human capital trends in the financial services industry.

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Unemployment rate remains at 9.1% despite slightly improved jobs picture

Posted by RJ and Makay on Oct 07, 2011

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The U.S. economy added more jobs than expected last month as non-farm payrolls added 103,000 jobs in September, the Labor Department said today. Payroll data for the previous two months were revised upwards by a total of 99,000, indicating that 57,000 jobs were added in August and 127,000 in July. Despite the revisions and the September gain, the unemployment rate remained unchanged at 9.1% for the third month in a row.