Economics
Unemployment Probably Climbed as U.S. Companies Limited Hiring
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Unemployment probably climbed in September for a second consecutive month as slower U.S. growth prompted companies to limit hiring, economists said before a report today.
The jobless rate rose to 9.7 percent from 9.6 percent in August, according to the median estimate of 83 economists surveyed by Bloomberg News. Payrolls excluding government agencies rose by 75,000, while a drop in public staffing as the decennial census wound down caused total hiring to decline for a fourth straight month, the report may also show.