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WASHINGTON Cheap Jeff Skinner Jersey , Oct. 3 (Xinhua) -- The U.S. economy continued to add a considerable number of new jobs in September, and the jobless rate fell to the lowest level since July 2008, the Labor Department said Friday Cheap Justin Faulk Jersey , another evidence that the world's top economy is well on track to a booming recovery.


Except August, the job gains have been above 200,000 for seven months. After revision Jeff Skinner Jersey , employment gains were 69,000 more than previously reported in July and August.


With Friday's report, American businesses extended the longest streak of private-sector job gains on record.


So far this year Justin Faulk Jersey , private employment has risen by nearly 2 million, on track for the strongest year of private-sector job growth since 1998, said Jason Furman New Carolina Hurricanes Jerseys , chairman of the Council of Economic Advisers, in a statement.


The U.S. economy grew 4.6 percent in the second quarter, boosted by solid growth of personal consumption and private investment. Economists generally forecasted the economy to increase by more than 3 percent in the second half of the year Teuvo Teravainen Hurricanes Jersey , as they see a strong recovery is in place.


In spite of the remarkable improvement, the Federal Reserve remained cautious in lifting the interest rate as it sees considerable slack in the job market.


The labor force participation rate, the share of the working- age population employed or looking for a job Jaccob Slavin Hurricanes Jersey , was essentially unchanged at 62.7 percent. The number of long-term unemployed, or those who stay jobless for 27 weeks or more, was little changed at 3 million Victor Rask Hurricanes Jersey , accounting for 31.9 percent of the unemployed. Average hourly earnings was barely changed at 24.53 U.S. dollars.


The Center for American Progress, a Washington-based think tank, said in a report that the labor force participation rate has been declining since the end of the recession and is generally as low as it was in the late 1970s.


According to the Center Scott Darling Hurricanes Jersey , the labor market is much healthier today than at any point since the Great Recession. But beneath the top-line numbers, it still has a long way to go before it returns to historically healthy conditions.




NEW YORK， Aug. 17 (Xinhua) -- U.S. stocks reversed early losses to end mildly higher Wednesday， as investors digested the U.S. Federal Reserve's minutes from its July meeting.


The Dow Jones Industrial Average rose 21.92 points， or 0.12 percent， to 18，573.94. The S&P 500 added 4.07 points， or 0.19 percent， to 2，182.22. The Nasdaq Composite Index edged up 1.55 points， or 0.03 percent， to 5，228.66.


According to the minutes released in the afternoon， some voting Federal Reserve policymakers expect that a U.S. interest rate increase will be needed soon， although there is general agreement that more data is needed before such a move.


"The information reviewed for the July 26-27 meeting indicated that labor market conditions generally improved in June and that growth in real gross domestic product was moderate in the second quarter，" said the minutes.


Meanwhile， New York Fed President William Dudley， a voting member of the Federal Open Market Committee， said Tuesday that a rate hike as soon as September was "possible".


Atlanta Fed President Dennis Lockhart echoed Tuesday that there could be one or two rate increases this year.


"On balance traders see a reduced risk of rate hikes (after the release of the minutes)， especially compared to yesterday when Dudley warned the market odds were too low. As much as some at the Fed would like to hike， there are just too many potential pitfalls to carry a majority in September，" said Chris Low， chief economist at FTN Financial.


In corporate news， shares of Target plunged 6.43 percent to 70.63 U.S. dollars apiece Wednesday after the U.S. retailer lowered its full-year earnings guidance.




MEXICO CITY， Jan. 31 (Xinhua) -- Border-region Mexican and U.S. football teams will play a tournament to protest the wall U.S. President Donald Trump plans to build along the two countries' shared border， local media reported on Tuesday.


Mexican sports daily Medio Tiempo said on its website that no date has yet been set for the aptly-named 'The Bridge Tournament，' but adds that "the invitations have already been sent out" to the participating teams.


The event will pit three teams from each country， including Tamaulipas Autonomous University (UAT) team Correcaminos， Tampico Madero FC and Reynosa FC from Mexico， against U.S sides Houston Dynamo， FC Dallas and Rio Grande Valley FC Toros.


In a tweet announcing the tournament， Mexican club Correcaminos， which is organizing the event， called for "football above walls."

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