Reported 2 days ago
The U.S. economy saw significant growth in September, adding 254,000 jobs, exceeding expectations of 150,000. Senior economist Elise Gould notes that this data reinforces the robustness of the labor market, highlighted by a decrease in the unemployment rate and upward revisions to past job figures. She downplays worries about wage growth, stating it is not a concern for inflation or Federal Reserve policies, affirming that the labor market remains strong but not excessively heated.
Source: YAHOO