Wall Street opened lower on Friday after a report showed U.S. employment fell in September for the first time in seven years as Hurricanes Harvey and Irma left displaced workers temporarily unemployed and delayed hiring. The Labor Department's closely watched employment report showed nonfarm payrolls decreased by 33,000 jobs last month, the latest indication that the storms undercut economic activity in the third quarter. Economists polled by Reuters had expected jobs to rise by 90,000. One bright spot was the better-than-expected rise in average wages, up 0.5 percent, ...
Wall Street opens lower after Sept jobs fell by 33,000 due to hurricanes
The Labor dept closely watched employment report showed nonfarm payrolls decreased by 33,000 jobs last month
Reuters Last Updated at October 6, 2017 21:17 IST