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US economy sheds more jobs

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The US economy shed 95,000 jobs in September despite predictions that overall payrolls would remain unchanged, the labour department has said.

Government payrolls fell by a larger than expected 159,000 while private-sector employment, a better gauge of the labour market health, increased by 64,000, the department reported on Friday.
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Kevin Gosztola is managing editor of Shadowproof Press. He also produces and co-hosts the weekly podcast, "Unauthorized Disclosure." He was an editor for OpEdNews.com

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