Your code worked for me. Did you load the quantmod package?
Can you provide more detail like which version of R are you using and your
operating system.

Idris

> x = require(quantmod)
Loading required package: quantmod
Loading required package: Defaults
Loading required package: xts
Loading required package: zoo
Loading required package: TTR
> x
[1] TRUE
> getSymbols("PAYEMS", src="FRED")
[1] "PAYEMS"
> head(PAYEMS)
           PAYEMS
1939-01-01  29923
1939-02-01  30100
1939-03-01  30280
1939-04-01  30094
1939-05-01  30300
1939-06-01  30502
>

On Thu, Aug 18, 2011 at 8:53 PM, SNV Krishna <krishna@primps.com.sg> wrote:

> Hi All,
>
> Could some one help me with this error
>
> > getSymbols("PAYEMS",src = "FRED")
> Error in as.POSIXlt.character(x, tz, ...) :
>  character string is not in a standard unambiguous format
>
> I could download a few of other series like 'CCNA' with out error. Being a
> newbie, I could'nt decipher what the error means. Many thanks for the
> guidance and help.
>
> Regards,
>
> S.N.V. Krishna
>
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