US hiring soars past expectations with 254,000 jobs added: Govt
- Posted on October 4, 2024
- By Business News Today
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US hiring soars past expectations with 254,000 jobs added: Govt
Hiring in the U.S. increased significantly more than expected in September, with 254,000 jobs added. The unemployment rate dipped to 4.1 percent. This offers relief to policymakers. The Federal Reserve is likely to take a more gradual path to rate cuts due to the healthy job market and easing inflation.
