U.S. economy adds 336,000 jobs in September
Investing.com -- The U.S. economy added far more jobs in September than expected, while the unemployment rate and wage growth held steady, pointing to lingering tightness in the labor market at the end of the third quarter.increased by 336,000 last month, the Labor Department said in its closely-monitored employment report on Friday, well above the 170,000 estimated by economists. Data for August was revised to show 227,000 were added instead of the previous reading of 187,000.
Markets and policymakers alike are on the lookout for any signs of strength in the jobs market. A central tenet of the Federal Reserve's recent aggressive campaign of interest rate hikes has been a slackening in labor demand, which in theory could contribute to slowing wage gains and help inflationary pressures abate.We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Ivanhoe reports another strong quarter at Kamoa-KakulaThe Kamoa-Kakula Copper Complex, in the Democratic Republic of Congo (DRC), has produced a record 103 947 t of copper in concentrate during the third quarter, parent company Ivanhoe Mines reports. This has taken production for the nine months to September 30, to 301 336 t of copper in concentrate. Ivanhoe maintains its full-year production guidance for Kamoa-Kakula at between 390 000 t to 430 000 t of copper in concentrate.
Leer más »
September Heat Was Downright 'Flabbergasting,' Data ShowsSeptember 2023 surpassed global temperatures recorded in 2020 to become the hottest September on record.
Leer más »
10,000,000,000,000x the Energy of Visible Light: Pulsar’s Record-Breaking Gamma Rays Baffle ScientistsScience, Space and Technology News 2023
Leer más »
US adds 336,000 jobs in September -- far more than expected -- in ominous sign for Fed hikesThe US economy added 336,000 jobs in September — a surprising jump that further solidifies the labor market’s resiliency in the face of the Federal Reserve’s aggressive tightening…
Leer más »
Payrolls increased by 336,000 in September, much more than expectedNonfarm payrolls were expected to increase by 170,000 in September, according to the Dow Jones consensus estimate.
Leer más »
Canada Unemployment Rate holds steady at 5.5% in September vs. 5.6% expectedThe Unemployment Rate in Canada held steady at 5.5% in September, Statistics Canada reported on Friday, better than the market consensus of a modest i
Leer más »