10/06/2023

In a Stunning Gain, the Economy Added 336,000 Jobs in September

Meanwhile, the unemployment rate held at 3.8 percent

The U.S. economy churned out 336,000 jobs in September, soaring past economists' expectations after months of cooling.

The unemployment rate held 3.8 percent, the Bureau of Labor Statistics reported Friday.

The September jobs report, which showed the largest number of gains since January, had been expected to show continued moderation in the labor market — with forecasts of around 170,000 jobs created. Instead, it came in at nearly twice that amount.

Please select this link to read the complete article from The Washington Post.