American employers added more workers in September than forecast and figures for the prior two months were revised higher, easing concern the economy is tipping into another recession.
Payrolls rose by 103,000 after a 57,000 gain in August, the Labor Department said today in Washington. The median forecast in a Bloomberg News survey of economists called for an increase of 60,000. The figures reflected the end of a strike at Verizon Communications Inc. that brought 45,000 people back to work. The jobless rate held at 9.1 percent.
