The robust gain suggests that many companies remain confident enough to keep hiring despite high interest rates and a hazy outlook for the economy.
ByA FedEx driver makes deliveries in Palatine, Ill. On Friday, the U.S. government issued its latest monthly jobs report.
Friday’s report from the Labor Department showed that the unemployment rate was unchanged at 3.8%, not far above a half-century low. Yet wage growth slowed, with average hourly pay rising just 0.2% from August to September. Compared with a year earlier, wages are up 4.2%, the mildest 12-month increase in more than two years.
Job growth has remained resilient for most of the past 2 1/2 years even after high inflation flared and the Fed jacked up interest rates at the fastest pace in four decades. On the one hand, Fed officials, including Chair Jerome Powell, have stressed that inflation remains too far above their 2% target and that another rate hike might be needed to slow it to that level. At the same time, several Fed policymakers have underscored that they want to be careful not to raise borrowing rates so much as to trigger a deep recession.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
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.
Consulte Mais informação »
Nonfarm Payrolls Quick Analysis: US Dollar set to stay strong on supercharged job gainsThe leg may have been off the accelerator, but it is on it once again – September's Nonfarm Payrolls shocked to the upside with a whopping gain of 336
Consulte Mais informação »
September Heat Was Downright 'Flabbergasting,' Data ShowsSeptember 2023 surpassed global temperatures recorded in 2020 to become the hottest September on record.
Consulte Mais informação »
10,000,000,000,000x the Energy of Visible Light: Pulsar’s Record-Breaking Gamma Rays Baffle ScientistsScience, Space and Technology News 2023
Consulte Mais informação »
Employment growth unexpectedly picks up with 336,000 jobs added in SeptemberThe economy beat expectations in September and added 336,000 jobs, the Bureau of Labor Statistics reported Friday, a sign that the labor market...
Consulte Mais informação »
US employers added a surprisingly strong 336,000 jobs in September in a sign of economic resilienceAccording to the Maine Center for Economic Policy, at least 24,000 Mainers have left their professions within the last year because of a lack of access to childcare.
Consulte Mais informação »