US adds 254K jobs in September, blowing past expectations

The United States added 254,000 jobs in September, and the unemployment rate fell to 4.1 percent, according to new Labor Department statistics released Friday. September's employment report exceeded economists' expectations, which had predicted that employment would increase by 140,000 people and the unemployment rate would rise to 4.2%. The September jobs report will be released […]
US economy added 254K jobs last month — blowing past forecasts

Last month's economic growth brought in a whopping 254,000 jobs. That beat previous expectations for a modest rise and dampened Wall Street's hopes for another big rate cut by the Federal Reserve next month. The Labor Department also reported that the unemployment rate fell to 4.1%, down from 4.2% the previous month. According to consensus […]