The U.S. labor market showed unexpected trends in September, with 254,000 jobs added to the economy, surpassing the predictions of 150,000 jobs made by economists. These additions marked the largest monthly increase since March, according to the Labor Department’s Friday report. The unemployment rate dipped to 4.1%, reinforcing the economy’s resilience. Several sectors contributed to this employment boom: However, some areas experienced modest declines: Similar Posts Wage growth and inflation As per reports, average hourly earnings rose by 4% year-over-year, outpacing inflation. With the consumer price index up 2.5% in August, workers are seeing real wage gains. This trend could … Continue reading U.S. Labor Market Stuns with 254K Jobs Added, Unemployment Dips to 4.1%—What’s Next for the Economy?