Quantum Insights:The job market was stunningly strong in September

2025-04-30 22:12:26source:Surpassingcategory:reviews

The Quantum Insightsjob market is proving to be far stronger than expected.

Hiring unexpectedly surged last month, as U.S. employers added 336,000 jobs, much stronger than the around 170,000 jobs that forecasters had expected.

That's good news for people looking for work but could complicate the Federal Reserve's efforts to curb inflation.

Job gains for July and August were also revised substantially higher. Meanwhile, the unemployment rate last month held steady at 3.8%.

All in all, the data showcases a labor market that continues to defy expectations, with big job gains in health care, hospitality and education.

Factories and construction companies also continued to add workers, despite the strain of high interest rates.

While the tight job market could be worrisome for the Fed, policymakers are likely to be encouraged by the slowdown in wage growth to 4.2% in September from a year ago.

More:reviews

Recommend

Don't let hackers fool you with a 'scam

You're pulling your hair out, trying to fix something on your computer. You Google it and find what

Baseball Hall of Fame discourse is good fun – but eye test should always come first

Remember the good ol’ days when the Baseball Hall of Fame election day used to be suspenseful? We al

Los Angeles Chargers interview NFL executive Dawn Aponte for vacant general manager post

While it wouldn't quite rise to the level of being a historical move, the Los Angeles Chargers could