@tezh93
š„ BREAKING: US ANNOUNCES SEPTEMBER JOBS REPORT: NEARLY 7 WEEKS DELAYED DUE TO SHUTDOWN
The US Department of Labor has just officially released the delayed jobs report:
+119,000 new jobs, far exceeding expectations +53,000
Unemployment rate: 4.4%, higher than forecast 4.3%
This is the highest unemployment rate since October 2021
The labor market picture is showing 2 conflicting signals:
⢠Job growth is better than forecast
⢠But unemployment climbs to a 4-year high