A Resounding Victory for the US Labor Market
Economist James Knightley weighs in on the latest employment figures, and the verdict is clear: the September jobs report is a resounding success. Defying expectations, US non-farm payrolls surged ahead with a gain of 254,000, far surpassing the predicted 150,000. But that’s not all – a staggering 72,000 upward revisions were made to the previous two months’ data, underscoring the remarkable momentum of the labor market.
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