SPY News: US jobs report crushes expectations as economy adds 254,000 jobs, unemployment rate falls to 4.1% - 4th Oct 2024, 11:10pm

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The US labor market added far more jobs than projected in September while the unemployment rate unexpectedly ticked lower, reflecting a stronger picture of the jobs market than Wall Street had expected.

Data from the Bureau of Labor Statistics released Friday showed the labor market added 254,000 payrolls in September, more additions than the 150,000 expected by economists.

Meanwhile, the unemployment rate fell to 4.1%, from 4.2% in August. September job additions came in higher than the revis...

>>> Read more: US jobs report crushes expectations as economy adds 254,000 jobs, unemployment rate falls to 4.1%
 
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