New US jobless data shows that employers shed 159,000 jobs in September in a further sign of a troubled economy.
The unemployment rate held at 6.1 percent, a five-year high. The US Labor Department's report on non-farm payrolls, seen as one of the best indicators of economic momentum, showed a sharp rise in the number of job cuts after 73,000 job losses in August. It was the ninth consecutive month of declining payrolls, according to the report.
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