U.S. economy expected to have added jobs at a slower pace in October

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U.S. economy expected to have added jobs at a slower pace in October
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U.S. economy expected to have added jobs at a slower pace in October

Investing.com -- U.S. job growth is seen slowing sharply in October, possibly boosting expectations that the Federal Reserve may hold off on any further interest rate hikes this year.from the Labor Department's Bureau of Labor Statistics will show that employers in the world's largest economy added 180,000 jobs during the month, down from a bumper figure of 336,000 in September.

Analysts at ING argued in a note that the consensus projection for October payrolls, while slowing,"would still be relatively robust -- cooling, but making it hard to argue that the market is really troubled yet."

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