Reported 2 days ago
The September jobs report revealed a stronger-than-expected U.S. economy with 254,000 new jobs, including a notable 15,600 positions in the retail sector as it prepares for the holiday season. Average hourly earnings rose by 0.4%, creating a favorable environment for union workers amidst ongoing strikes, but also influencing Federal Reserve policy considerations. The report signifies a positive shift in the labor market, especially compared to the previous month.
Source: YAHOO