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Modest Job Growth For US in September

Economy adds 148,000 jobs; unemployment dips to 7.2%.

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By: TOM BRANNA

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The U.S. created a modest 148,000 jobs in September and the number of people hired in August was higher than previously indicated, according to data released Tuesday.The nation’s unemployment rate dropped in September to 7.2% from 7.3%, as more people found work, marking the lowest jobless rate since November 2008, according to figures released today by the Labor Department. Economists surveyed had forecast a 185,000 gain in new jobs. Though the gain was below consensus expectations, stocks ...

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