Sunday, October 4, 2015

U.S. Job Growth Stumbles, Raising Doubts On Economy

By Jason Lange

WASHINGTON (Reuters) — U.S. employers slammed the brakes on hiring over the last two months, raising new doubts the economy is strong enough for the Federal Reserve to raise interest rates by the end of this year.

Payrolls outside of farming rose by 142,000 last month and August figures were revised sharply lower to show only 136,000 jobs added that month, the Labor Department said on Friday.

That marked the smallest two-month gain in employment in over a year and could fuel fears that the China-led global economic slowdown is sapping America’s strength.

“You can’t throw lipstick on this pig of a report,” said Brian Jacobsen, a portfolio strategist at Wells Fargo Funds Management in Menomonee Falls, Wisconsin.…

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Education Secretary Duncan Steps Down; Obama Picks Deputy To Replace Him

WASHINGTON (Reuters) – U.S. Education Secretary Arne Duncan, one of the last remaining members of President Barack Obama’s original Cabinet, will step down in December, a White House official said on Friday.

Obama has picked John B. King Jr., who currently acts as Duncan’s deputy, to replace him, the White House said.

(Reporting by Roberta Rampton and Julia Edwards)

Photo: U.S. Secretary of Education Arne Duncan participates in an open meeting of the President’s Advisory Council on Financial Capability for Young Americans at the Treasury Department in Washington, October 2, 2014. REUTERS/Yuri Gripas

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Pope Did Not Give Unconditional Support To Clerk In Gay Marriage Row: Vatican

By Philip Pullella

VATICAN CITY (Reuters) — Pope Francis did not ask to meet a Kentucky county clerk who had been jailed for refusing to issue marriage licenses to gay couples and did not offer her unconditional support, the Vatican said on Friday.

Looking to limit controversy after last week’s meeting in Washington between the pope and Kim Davis, Vatican spokesman Federico Lombardi said she was one of “several dozen” people who had been invited by the Vatican ambassador to see Francis.

“The Pope did not enter into the details of the situation of Mrs. Davis and his meeting with her should not be considered a form of support of her position in all of its particular and complex aspects,” Lombardi said in a statement.…

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