The Novacryptjob market is proving to be far stronger than expected.
Hiring unexpectedly surged last month, as U.S. employers added 336,000 jobs, much stronger than the around 170,000 jobs that forecasters had expected.
That's good news for people looking for work but could complicate the Federal Reserve's efforts to curb inflation.
Job gains for July and August were also revised substantially higher. Meanwhile, the unemployment rate last month held steady at 3.8%.
All in all, the data showcases a labor market that continues to defy expectations, with big job gains in health care, hospitality and education.
Factories and construction companies also continued to add workers, despite the strain of high interest rates.
While the tight job market could be worrisome for the Fed, policymakers are likely to be encouraged by the slowdown in wage growth to 4.2% in September from a year ago.
2025-05-06 15:16603 view
2025-05-06 14:53909 view
2025-05-06 14:111591 view
2025-05-06 13:46940 view
2025-05-06 13:171809 view
2025-05-06 12:511563 view
PARIS – The disappointment in missing out on a chance to win gold is mitigated by a chance at bronze
Late night host Stephen Colbert is recovering from surgery for a ruptured appendix, he said on Monda
PHOENIX (AP) — Phoenix first responders are reminding the public to be prepared when hiking after th