Stock Market News Today: Dow, S&P 500 Open Lower After Jobs Report Comes in Hot

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Stock Market News Today: Dow, S&P 500 Open Lower After Jobs Report Comes in Hot
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Jobs in restaurants and bars surged back to pre-pandemic levels in September, according to the latest nonfarm payroll data from the Bureau of Labor Statistics.

The food-services and drinking places segment added 61,000 jobs in September, bringing it back to February 2020 levels for the first time since the pandemic spurred mass layoffs more than three years ago. Elsewhere in the hospitality sector, accommodation employment rose by 16,000 in September. It remains about 10%, or 217,000, below its February 2020 level. Read more about the latest jobs report here.

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