TAIM Exchange|The job market was stunningly strong in September

2025-05-03 18:06:48source:NovaQuantcategory:Scams

The TAIM Exchangejob 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:Scams

Recommend

PACCAR recalls over 220,000 trucks for safety system issue: See affected models

PACCAR is recalling over 220,000 of its 2021-2025 Peterbilt and Kenworth trucks.  The commercial tru

Wildfire near Canada’s oil sands hub under control, Alberta officials say

VANCOUVER, British Columbia (AP) — A wildfire that forced thousands of residents from their homes in

World's first wooden satellite built by Japanese researchers

Tokyo — The world's first wooden satellite has been built by Japanese researchers who said their tin