'Labor market is too hot for the Fed': Economists react to September jobs report

The September jobs report on Friday showed the U.S. economy gained 263,000 jobs last month, with the unemployment rate falling to 3.55 to 3.7%.

Economists polled by the Wall Street Journal had expected an addition of 275,000 jobs and unemployment staying at 3.7%. Below are some initial reactions from economists and other analysts as U.S.... The September jobs report on Friday showed the U.S. economy gained 263,000 jobs last month, with the unemployment rate falling to 3.55 to 3.7%.

Economists polled by the Wall Street Journal had expected an addition of 275,000 jobs and unemployment staying at 3.7%. Below are some initial reactions from economists and other analysts as U.S. stocks DJIA SPX sank after the data on nonfarm payrolls. Treasury prices declined and the yield on the 10-year Treasury note TMUBMUSD10Y rose to 3.88%.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US labor market added 263,000 jobs in September | CNN BusinessThe fever hasn’t broken yet for America’s employment market. The economy added 263,000 jobs in September This is why I voted for Biden. Yes, got my second job as a Senior struggling. No it’s not
Source: CNN - 🏆 4. / 95 Read more »