US Job Growth Sizzles in September; Wage Inflation Cooling
Sabtu, 07 Oktober 2023 | 01:40 WIB
KONTAN.CO.ID - WASHINGTON. U.S. employment increased by the most in eight months in September as hiring rose broadly, pointing to persistent labor market strength that could give the Federal Reserve ammunition to raise interest rates again, though wage growth is slowing.
The larger-than-expected surge in nonfarm payrolls last month and sharp upward revisions to July and August's jobs counts reported by the Labor Department in its closely watched employment report on Friday cemented expectations that economic activity accelerated in the third quarter.
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