US employers added surprisingly strong 336,000 jobs in September in a sign of economic resilience
Headline from Anchorage Daily News
The robust gain suggests that many companies remain confident enough to keep hiring despite high interest rates and a hazy outlook for the economy.
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The slower-than-expected pace of private sector hiring is in contrast to yesterday's JOLTS report that underscored a strong demand for labor, offering mixed signals about the resilience of the U.S. labor market.
The job market has defied an array of threats this year, notably high inflation and the rapid series of Fed interest rate hikes that were intended to conquer it.
Employers added 336,000 jobs in September, far more than expected. It's good news for people looking for work, but the strong labor market could complicate the Fed's fight against inflation.
Wall Street is squarely focused on a crucial report from the Labor Department that will show whether the job market is cooling off — as the Federal Reserve wants — or remains resilient despite multiple rate hikes. Economists expect the US economy added 170,000 jobs last month.
WASHINGTON >> The nation’s employers added 336,000 jobs in September, an unexpectedly robust gain and the largest monthly rise since January, evidence that many companies remain confident enough to keep hiring despite high interest rates and a hazy outlook for the economy.
U.S. employers added 336,000 jobs last month — about twice as many as forecasters expected. It's good news for job-seekers, but could complicate the Federal Reserve's efforts to curb inflation.
The US economy added 336,000 jobs in September — a surprising jump that further solidifies the labor market’s resiliency in the face of the Federal Reserve’s aggressive tightening…
The nation’s employers added 336,000 jobs in September, an unexpectedly robust gain that suggests that many companies remain confident enough to keep hiring despite high interest rates and a hazy outlook for the economy.
The September jobs report released Friday provided a key look at the labor market's health as it continues to confront high interest rates and inflation.
The economy added 336,000 jobs in September, the Bureau of Labor Statistics reported Friday, a number far above expectations and a sign that the labor market has momentum despite the Federal Reserve’s interest rate hikes.
The U.S. labor market surged in September, blowing expectations out of the water by adding 336,000 jobs, according to Bureau of Labor Statistics data released Friday.
It's an unexpectedly strong gain that suggests many companies remain confident enough to keep hiring despite high interest rates and a hazy outlook for the economy.
The US labor market surged in September, blowing expectations out of the water by adding 336,000 jobs, according to Bureau of Labor Statistics data released Friday.
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