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- Jun 22, 2020
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The pace of hiring picked up strongly in September and the unemployment rate ticked down to 4.1%, signs the U.S. economy had continued momentum in a month the Federal Reserve delivered its first interest-rate cut in four years.
U.S. employers added 254,000 jobs last month, the Labor Department said Friday.
Inflationary pressures have eased markedly over the past two years, and the Fed’s focus has shifted more to hiring than price pressures. That means the jobs market will play an outsize role in officials’ decisions on the path of interest rates.
Let's Go Brandon & Kamala!!!! Unemployment is low, inflation is coming down and even the dockworkers strike is over. Expect an angry tweet from you-know-who!!!
U.S. employers added 254,000 jobs last month, the Labor Department said Friday.
Inflationary pressures have eased markedly over the past two years, and the Fed’s focus has shifted more to hiring than price pressures. That means the jobs market will play an outsize role in officials’ decisions on the path of interest rates.
Let's Go Brandon & Kamala!!!! Unemployment is low, inflation is coming down and even the dockworkers strike is over. Expect an angry tweet from you-know-who!!!