U.S. payrolls miss estimates as wages cool in sign of downshift

UNITED STATES private payrolls expanded by 114,000 in September. / BLOOMBERG NEWS FILE PHOTO/
UNITED STATES private payrolls expanded by 114,000 in September. / BLOOMBERG NEWS FILE PHOTO/
WASHINGTON – United States private hiring was less than forecast in September as wage gains cooled, offering a warning that the record-long expansion may be starting to falter even as the jobless rate fell to a half-century low. Private payrolls expanded by 114,000 after an upwardly revised 122,000 advance the prior month, according to a Labor Department report…

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