US job market shows improvement with 254,000 new jobs added in September

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Job Market Notícia

Employment,Unemployment,Jobs Added

The Bureau of Labor Statistics employment data shows that the American job market picked up in September.

A hiring sign is seen in Wheeling, Ill., Wednesday, July 10, 2024. On Thursday, July 18, 2024, the Labor Department reports on the number of people who applied for unemployment benefits last week.

The Federal Reserve cut interest rates last month, the first time in years, in an attempt to battle inflation. The uptick in employment was in food services and drinking places, health care, government, social assistance, and construction jobs, with food services and drinking places increasing by 69,000 in September compared to the average monthly gain of 14,000.

 

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