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✉news BusinessMarkets first seen 4 d ago, last 3 d ago, peak #37

September Hiring Slowed but US Labor Market Stays Steady

Original: September Hiring Trudged Along but Labor Market Still on Steady Track

US employers added jobs at a modest pace in September, according to Wall Street Journal reporting, but the broader labor market remains on a steady track. Hiring trudged along without major acceleration or deterioration, a sign of continued resilience even as growth cools and attention stays fixed on how far the Federal Reserve will go with interest rate policy.

Why now: Investors and policymakers are closely watching jobs data for signals about the economy's strength and future interest rate moves.

US labor marketFederal ReserveWall Street Journal

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