The U.S. employers created 336,000 jobs in September versus 170,000 expected, indicating that the labor market remains dynamic despite multi-year high interest rates – a positive sign for the economy.
We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.Oct 6, 20232023-10-05 11:17:34US Nonfarm Payrolls Rise by 336,000 vs 170,000 Expected, U.S. Yields Shoot Up as Gold Prices Slump. What Now?The unemployment rate held steady at 3.8%, one-tenth of a percent above estimates.U.S.
According to the most recent statistics from the U.S. Department of Labor, the country generated 336,000 jobs in September, compared to the 170,000 expected, following an upwardly revised gain of 227,000 payrolls in August. Meanwhile, household data showed that the unemployment rate held steady at 3.8%, indicating a persistent imbalance between demand and supply for workers.gauge closely tracked by the Federal Reserve, rose by 0.2% monthly, bringing the annual rate to 4.2% from 4.
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Employment growth unexpectedly picks up with 336,000 jobs added in SeptemberZachary Halaschak is an economics reporter at the Washington Examiner. Before moving to Washington, he worked in Alaska, covering politics, government, and crime for the Ketchikan Daily News. While there, Zach won the Alaska Press Club’s second-place award for best reporting on crime or courts for his coverage of a local surgeon’s alleged murder. He graduated from the University of Richmond in 2017 and is originally from Marco Island, Florida.
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