US adds more jobs than expected in September

The US economy added 119,000 jobs in September, but the unemployment rate reached a four-year high, complicating the Federal Reserve's decision on interest rates for the upcoming month. This mixed employment data presents challenges for policymakers as they assess the economic landscape.

US non-farm payrolls increased by 119,000 in September, exceeding forecasts after a surprising job loss in August. The unemployment rate remained steady at 4.4%. This growth indicates a rebound in the job market despite previous setbacks.

The US added 119,000 jobs in September, exceeding the estimate of 51,000, according to the Bureau of Labor Statistics. The unemployment rate rose to 4.4%, while hourly earnings increased by 0.2% from the previous month. The release of the September jobs report was delayed due to a government shutdown.

US weekly jobless claims have decreased, indicating a potential improvement in the labor market. However, continuing claims have risen, suggesting that some individuals are remaining unemployed for longer periods. This mixed data reflects ongoing challenges in the job market as the economy continues to recover.

In September, the US economy added 119,000 jobs, surpassing expectations despite a rise in the unemployment rate to 4.4%. This job growth follows unexpected losses in August, indicating a rebound in the labor market. Analysts are closely monitoring these developments as they assess the overall economic landscape.

US stock futures have extended gains following the release of September jobs data, which showed that employers added 119,000 jobs, surpassing expectations. Despite this positive news, the unemployment rate rose slightly to 4.4%, indicating mixed signals in the labor market. This development reflects ongoing economic recovery efforts in the US.

Applications for US unemployment benefits fell to 220,000 last week, suggesting that employers are retaining their workforce despite economic uncertainties. This decline indicates a potential stabilization in the labor market as companies continue to hold onto their employees.

The US dollar remains strong while the Japanese yen has weakened as expectations for a Federal Reserve interest rate cut diminish ahead of crucial US economic data. The Fed's recent communications have led to reduced bets on rate cuts, impacting currency valuations. Investors are closely monitoring upcoming job data that could influence future monetary policy decisions.