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Blowout September jobs data points to solid economy and slower Fed rate cuts, analysts say
September's 245,000 new jobs topped consensus forecasts by about 100,000. This means the Fed can probably slow the pace of rate cuts, economists said.
Why one firm is skeptical about the blockbuster September jobs report — and is still expecting another jumbo rate cut
Pantheon Economics cited a "red flag" in September's jobs market data, and expects that the Fed to deliver more 50 basis point cuts.
September jobs report shows 254,000 increase in hiring and lower 4.1% unemployment rate
The U.S. economy created a robust 254,000 new jobs in September, indicating the labor market is still in pretty good shape and likely supporting a gradualist strategy by the Federal Reserve in cutting interest rates.
Stock market today: US stocks jump after blowout September jobs report
"On the face of this the Fed should be hiking rates with these sorts of figures, not cutting rates," Economist James Knightley said.
US job growth surges in September; unemployment rate falls to 4.1%
U.S. job growth accelerated in September and the unemployment slipped to 4.1%, further reducing the need for the Federal Reserve to maintain large interest rate cuts at its remaining two meetings this year.
September jobs report: Payrolls rise 254,000 as unemployment rate slips to 4.1%
The big 254,000 increase in new jobs in September is almost certainly not going to be repeated in October, economists say. How come? For starters, a strike by 33,000 Boeing employees could hold down the headline jobs number.
7h
on MSN
US economy added 254,000 jobs in September, logging surprisingly robust growth
September’s jobs report, due out Friday morning, is expected to show that the US labor market has slowed somewhat but remains ...
CBS News on MSN
9h
Employers added 254,000 jobs in September, blowing away forecasts
Wall Street is watching the labor market for signs of slower hiring, which could influence the Federal Reserve's next rate ...
2h
on MSN
American Consumer Spending Boosts September Hiring
The U.S. jobs report left analysts’ expectations in the dust, and shows a hiring surge for bars, fast-food restaurants, ...
10h
on MSN
The jobs market had a very strong September
The unemployment rate ticked down in September as the Fed pivots to supporting the labor market.
12h
Airbus delivered 50 jets in September, sources say
If confirmed, a monthly tally of 50 deliveries would lift the nine-month total close to 500 after 447 achieved between ...
9h
on MSN
U.S. Hiring Accelerated in September, Blowing Past Expectations
The pace of hiring picked up strongly and the unemployment rate ticked down, signs the economy had continued momentum in a month the Fed delivered its first interest-rate cut in four years.
3d
National Hurricane Center: Three hurricanes among six named storms in September
Three hurricanes, including a major one, formed in September. They're part of six named storms the NHC tracked last month.
14h
Stock Market Today: Dow futures dip ahead of September jobs report
In a statement on Thursday, the International Longshoremen’s Association said it had reached a tentative agreement on wages ...
3h
The best products we tested in September 2024: Umbrellas, pillows and more
We tested plenty of quality products in September, including umbrellas, pillows and cat litter boxes. Here are September’s ...
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