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Boom! Employers Added 254K Jobs
Employers added 254,000 jobs in September, blowing away forecasts
Wall Street is watching the labor market for signs of slower hiring, which could influence the Federal Reserve's next rate decision.
Jobs report blows past expectations, showing hiring surge
Investors and policymakers eagerly await a jobs report on Friday that will show whether the labor market has continued its monthslong cooldown. The fresh report marks one of the last major pieces of economic data before the presidential election.
Boom! Employers Added 254K Jobs in September
The labor market roared back to life in September as employers thrashed expectations, adding 254,000 jobs. Economists had forecast an increase of 150,000 after the upwardly revised 159,000 gain in August.
Sep. jobs report builds case for smaller Fed rate cut
Blowout September jobs data points to solid economy and slower Fed rate cuts, analysts say
September's 245,000 new jobs topped consensus forecasts by about 100,000. This means the Fed can probably slow the pace of rate cuts, economists said.
Gold falls as stronger US jobs data shrinks hopes of big Fed rate cut
Gold prices slipped on Friday after a stronger-than-expected U.S. jobs report poured cold water on expectations for an aggressive rate cut from the Federal Reserve next month, boosting the dollar. Spot gold was down 0.
Why a Strong Jobs Report Won’t Stop the Fed From Cutting Rates
On the other hand, the world is a mess, inflation still lurks, and there’s a contentious election in November. Given all of that, a data-driven Fed is likely to stay the course.
20h
on MSN
Blockbuster jobs report paves way for US economy to avoid recession in 'soft landing,' experts say
A blockbuster jobs report on Friday paved the way toward a soft landing, in which inflation returns to normal levels while ...
20h
US economy added a whopping 254,000 jobs last month
Economists had projected the US added 140,000 jobs in September and the unemployment rate held steady at 4.2%.
18h
on MSN
The blockbuster jobs report just gave Kamala Harris a boost where she needs it most
The booming jobs market in September may give former President Donald Trump one less thing to attack Vice President Harris on ...
20h
September jobs report: Payrolls rise 254,000 as unemployment rate slips to 4.1%
The labor force participation rate among women ages 25 to 54, their prime working years, dipped to 78.1% September, from 78.4 ...
18h
Jobs Report Adds to Economic Momentum for Harris
In recent weeks, reports have shown inflation slowing and the economy growing at a robust clip. The Federal Reserve has also ...
21h
on MSN
US adds a robust 254,000 jobs and unemployment dips to 4.1% in sign of still-sturdy labor market
America’s employers added a surprisingly strong 254,000 jobs in September, easing concerns about a weakening labor market and ...
16h
Jobs Figures Show Consumers' Postpandemic Spending Spree Is Marching On
Behind the robust September jobs report is an economic driver that shows few signs of slowing: consumer spending. Despite ...
16h
on MSN
Stock market today: Dow notches record high after strong jobs report eases slowdown worries
Odds of a 50 basis point cut dropped to 0% from 53% last week after the strong September jobs report, according to the CME ...
16h
on MSN
Dow closes at record high after blow-out jobs report
Stocks rallied after data showed nonfarm payrolls grew by 254,000 jobs in September, far outpacing the forecasted gain of 150 ...
2h
The ‘Doom Loop’: AI Will Be Taking Your Jobs In 2024, Leaders Say
The fears of many employees that AI will take their jobs is becoming a reality in some fields, according to business leaders, ...
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