Economy Sheds 33,000 Jobs in September, but Wage Growth Tops Estimates

The economy lost 33,000 jobs in September, according to a report released by the Bureau of Labor Statistics on Friday.

Economists were expecting a gain of 100,000 payrolls.

The negative number was driven in part by the spat of hurricanes in September.

Average hourly wages rose 2.9% year-over-year, beating estimates of 2.6%.

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