September Jobs Disappoints

Bad or at least lackluster news for the economy was greeted as good news on Wall Street today. Stocks rose sharply with the S&P 500 setting yet another all-time closing high, despite a disappointing September jobs report.

The report came 18 days late because of the government shutdown and then the news was pretty lousy.

American businesses added only 148,000 jobs, much less than expected, but enough to lower the nation`s unemployment rate one notch to 7.2 percent.

Hampton Pearson takes a closer look at one encouraging piece of the weak job market.

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