TV News LIES

Wednesday, Dec 04th

Last update09:30:06 AM GMT

You are here News Economy US adds over 250,000 jobs in September, defying fears of slowdown

US adds over 250,000 jobs in September, defying fears of slowdown

E-mail Print PDF
250,000 jobs added in September

American employers added 254,000 jobs last month in the penultimate jobs report before the US election, defying fears of a slowdown in the labor market.

Job creation unexpectedly accelerated in September, while the headline unemployment rate slipped to 4.1% from 4.2% in August.

Economists had forecast a non-farm payrolls reading of around 132,500 for September, after a cooler summer of employment growth.

Hiring instead rose sharply from recent months. In August employers added 159,000 jobs, and in July, they added 144,000.

Both estimates for July and August were revised higher by the Bureau of Labor Statistics on Friday – adding 72,000 more jobs than previously reported – highlighting the strength of the labor market.

September’s unexpectedly robust data could set the stage for a more complex picture of the US labor market this month after Hurricane Helene devastated parts of the south-east, Boeing was hit with a sweeping strike, and tens of thousands of port workers across the east and Gulf coasts staged a strike this week. The ports strike ended on Thursday night.

More...

 


Most Recent Related Stories...


Citing the pandemic, TGI Fridays files for bankruptcy

TGI Fridays files for bankruptsyThe parent company of TGI Fridays, the casual dining chain, has filed for bankruptcy, the company...

Fed cuts interest rates in historic move. Are more large cuts ahead?

Fed reserve chief PowelllThe Federal Reserve lowered its key interest rate by a hefty half percentage point Wednesday, moving...

Boeing will lay off 10% of employees as a strike shuts down airplane production

Boeing lays of ten percent of work force Boeing plans to lay off about 10% of its workers in the coming months, about 17,000...

Stock plunge wipes out Trump Media’s extraordinary market gains

Stock for Truth Social plunge Donald Trump’s tiny social media empire has seen its extraordinary stock market rally wiped out by...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!