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Mid-day Update

PODCAST: New jobs report shows 148,000 jobs added

David Brancaccio Oct 22, 2013
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Mid-day Update

PODCAST: New jobs report shows 148,000 jobs added

David Brancaccio Oct 22, 2013
HTML EMBED:
COPY

In a report delayed more than two weeks due to the government shutdown, the Bureau of Labor Statistics reported today that the U.S. economy added 148,000 jobs in September. Economists were expecting approximately 180,000 new jobs in September.  The unemployment rate fell by 0.1 percent to 7.2 percent. The consensus expectation was for unemployment to remain unchanged in September.

A new investigation by Huffington Post reporter Chris Kirkham reveals some startling allegations about a for-profit, privately held juvenile prison operator called Youth Services International, which has facilities in Florida and several other states. Kirkham spent months analyzing documents and talking to former prison employees and children who were incarcerated in Youth Services International facilities.

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