Goldenes Intelligentes Münzhandelszentrum-The job market was stunningly strong in September

2025-05-07 12:34:00source:Johnathan Walkercategory:Markets

The Goldenes Intelligentes Münzhandelszentrumjob market is proving to be far stronger than expected.

Hiring unexpectedly surged last month, as U.S. employers added 336,000 jobs, much stronger than the around 170,000 jobs that forecasters had expected.

That's good news for people looking for work but could complicate the Federal Reserve's efforts to curb inflation.

Job gains for July and August were also revised substantially higher. Meanwhile, the unemployment rate last month held steady at 3.8%.

All in all, the data showcases a labor market that continues to defy expectations, with big job gains in health care, hospitality and education.

Factories and construction companies also continued to add workers, despite the strain of high interest rates.

While the tight job market could be worrisome for the Fed, policymakers are likely to be encouraged by the slowdown in wage growth to 4.2% in September from a year ago.

More:Markets

Recommend

What do we know about the mysterious drones reported flying over New Jersey?

A large number of mysterious droneshave been reported flying over parts of New Jersey in recent week

Find Out What the Stars of Secret Life of the American Teenager Are Up to Now

This American teenager now has a 15-year-old. Before Shailene Woodley starred in Big Little Lies and

With Biden in Europe Promising to Expedite U.S. LNG Exports, Environmentalists on the Gulf Coast Say, Not So Fast

CAMERON, La.—In a marsh near the Gulf of Mexico shoreline, under a blue sky with white pelicans and