The job market was stunningly strong in September

  • 📰 NPR
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

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.

A customer walks by a"Now Hiring" sign posted in front of a store in Novato, Calif., on April 7, 2023.A customer walks by a"Now Hiring" sign posted in front of a store in Novato, Calif., on April 7, 2023.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.

Job gains for July and August were also revised substantially higher. Meanwhile, the unemployment rate last month held steady at 3.8%.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 96. in BUSİNESS

Business Business Latest News, Business Business Headlines