Slowdown, but No Cliff Dive, for Jobs
While a modest slowdown can't be denied, a majority of the weaker employment data can be attributed to external factors on the goods-producing side.
Note to readers: Bob Johnson is on sabbatical, and his column will return on Nov. 15. In place of his weekly update, Morningstar.com will be posting video reports featuring members of Bob's team as well as Francisco Torralba from Morningstar Investment Management, highlighting recent economic data and trends.
Roland Czerniawski: The September employment report was a highly anticipated economic-data release that disappointed many market participants. Today, we're going to take a deeper look into the report and provide some explanation of what drove the weaker-than-expected jobs numbers.
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