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The September jobs report comes as investors debate whether the labor market is cooling quickly enough that the Federal Reserve will opt for a larger interest rate cut in November.
The September jobs report showed surprising signs of strength in the labor market that have economists questioning how much more the Federal Reserve will cut interest rates in 2024.
Employers hired 254,000 workers last month, far exceeding economist expectations of 150,000 jobs added, U.S. Bureau of Labor Statistics data showed. Jobs report blows past expectations, showing ...
In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019. The final jobs report for 2024 lands Friday. Here ...
In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019. Through November, the US economy added about ...
The September jobs report shocked economists with 254,000 new jobs added over the month, over 100,000 more than expected. Economists and strategists are scrambling to figure out what this means ...
September saw the highest monthly job total since January, driven by various industries. The largest increases in Friday's data were seen in leisure and hospitality, where 96,000 jobs were added.
FILE - Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve in Washington, Sept. 18, 2024. (AP Photo/Ben Curtis, File) (ASSOCIATED PRESS)