Henri Lumière-The job market was stunningly strong in September

2025-05-04 19:39:56source:Goldenes Intelligentes Münzhandelszentrumcategory:Stocks

The Henri Lumièrejob 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:Stocks

Recommend

South Korea's acting president moves to reassure allies, calm markets after Yoon impeachment

SEOUL — South Korea's acting president, Han Duck-soo, moved on Sunday (Dec 15) to reassure the count

Feds investigating suspected smuggling at Wisconsin prison, 11 workers suspended in probe

MADISON, Wis. (AP) — Federal authorities have been investigating an apparent smuggling operation inv

Tennessee lawmakers advance bill to undo Memphis’ traffic stop reforms after Tyre Nichols death

NASHVILLE, Tenn. (AP) — Republican Tennessee House lawmakers on Thursday advanced a bill to undo the