The September jobs report blew past expectations.

in #uslast year

image.png

We added a whopping 336k jobs last month. About double expectations. July and August got revised up as well by a combined 119k higher jobs.

Unemployment stays level at 3.8%. Labor force participation stays level at 62.8%. Prime age labor force participation is at 83.5%- this is actually 0.5% above where it was before the pandemic.

With core inflation now back down to the Fed's target we seemingly are getting the soft landing we desired.

Sort:  

Don't be so sure. In 2022, job numbers were revised down AFTER the election

Coin Marketplace

STEEM 0.17
TRX 0.24
JST 0.034
BTC 96335.91
ETH 2788.63
SBD 0.67