US Economy Adds 661,000 Jobs In September, Unemployment Falls To 7.9 Percent – Analysis

The September employment report showed a sharp slowing in the rate of job growth, with the economy adding 661,000 jobs, less than half of its August rate. The unemployment rate fell by 0.5 percentage points to 7.9 percent, but most of this was due to people leaving the labor force. The employment to population ratio (EPOP) only...