U.S. adds robust 254,000 jobs as unemployment dips to 4.1%

Keywords Hiring / Unemployment
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5 thoughts on “U.S. adds robust 254,000 jobs as unemployment dips to 4.1%

  1. Amazing how rosey this report is a month before the election. Also amazing how most the previous 8 reports this year were substantially adjusted down a month or so after their release.

    1. But just as amazing that after any adjustments, the number of jobs added in the last three years far far outstrips the jobs added in the first three years of the previous administration.

    2. From Heather Cox Richardson:

      MAGA Republicans launched another major disinformation campaign today when the Bureau of Labor Statistics released another blockbuster jobs report. It showed that the country added about 254,000 jobs in September, far higher than the 140,000 jobs economists expected. It also revised the job numbers for July and August upward. The unemployment rate dropped from 4.2% in August to 4.1%, and wages have outpaced inflation.

      Mark Zandi, chief economist for Moody’s Analytics, wrote that the jobs report “cements my view that the economy is about as good as it gets. The economy is creating lots of jobs across many industries, consistent with robust labor force growth, and thus low and stable unemployment. The economy is at full-employment, no more and no less. Wage growth is strong, and given big productivity gains, it is consistent with low and stable inflation. One couldn’t paint a prettier picture of the job market and broader economy.”

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