Economics
U.S. Economy: Payrolls Decline More Than Forecast
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The U.S. lost more jobs than forecast in September as local governments fired teachers and other workers in response to declining tax revenue.
Payrolls fell by 95,000 workers after a revised 57,000 decrease in August, Labor Department figures in Washington showed today. Private employers added 64,000 jobs, less than forecast. Wages and the workweek stagnated.