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Source: The Palm Beach Post, Fla.文件倉Oct. 22--Payrolls showed a slowdown in job creation in September, with a surprising drop in tourism jobs, but households reported a better employment situation and shaved the unemployment rate to 7.2 percent.After a nearly three-week delay, the Labor Department released September job numbers today. The job engine has down-shifted since the beginning of the year, with only 148,000 jobs added in September, down from the 178,000 average for the first six months of the year.The report "reinforces the impression that the labor market was losing a little momentum heading in to the shutdown," said Josh Feinman, global chief economist at Deutsche Asset and Wealth Management. "The labor market is continuing to create jobs. ...It's just frustratingly slow."Tourism may be on the downslide nationally, but opportunities are high profile in leisure and hospitality and related retail jobs in Palm Beach County. Both Hurricane Grill and Wings, Winn-Dixie and Comcast are holding job fairs in the next week.Peter Guala and his business partner Tom Markert are opening a Hurricane Grill and Wings in Boynton Beach next month, so they are holding a job fair Thursday through Saturday.People have stopped and asked about job opportunities as they've seen the construction, Guala said, and interest seems to be high from those in the restaurant industry."Our employees are from the industry, most who are looking for a change," he said.Many economis存倉s say the shutdown cut $25 billion out of the economy and slowed growth to about a 2 percent annual rate in the October-December quarter. That's down from estimates before the shutdown that the economy would expand at a 2.5 percent annual rate.The tepid job growth makes it more likely that the Federal Reserve will maintain its level of bond purchases for the rest of this year. The bond purchases are intended to lower long-term interest rates and boost borrowing and spending.The shutdown likely further slowed economic growth and hiring. Temporary layoffs of federal workers and government contractors will probably depress October's job gain. That means a clear view of the job market may not emerge until the November jobs report is issued in December.A tight job market has discouraged many Americans from looking for work. The percentage of Americans working or looking for work remained at a 35-year low last monthThe September jobs report showed that some higher-paying industries added jobs at a healthy pace. Construction companies, for example, added 20,000.Transportation and warehousing gained 23,400 jobs, governments 22,000.And average hourly pay ticked up 3 cents to $24.09. In the past year, hourly pay has risen 2.1 percent, ahead of the 1.5 percent inflation rate.Copyright: ___ (c)2013 The Palm Beach Post (West Palm Beach, Fla.) Visit The Palm Beach Post (West Palm Beach, Fla.) at .palmbeachpost.com Distributed by MCT Information Services儲存
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