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US job growth blows past expectations, unemployment rate falls to 4.1

U.S. job gains increased by the most in six months in September and the unemployment rate fell to 4.1, pointing to a resilient economy that likely does not need the Federal Reserve to deliver large interest rate cuts for the rest of this year.

Posted by Hicham ALAOUI RIZQ on 2024, Oct 04

Introduction

U.S. job gains increased by the most in six months in September and the unemployment rate fell to 4.1, pointing to a resilient economy that likely does not need the Federal Reserve to deliver large interest rate cuts for the rest of this year.

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