Author: Banyan Edge Team

[ad_1] The September U.S. jobs report revealed hotter-than-expected numbers. Nonfarm payroll employment climbed to 336,000 new jobs, from an estimate of 170,000. That’s 159.6 million whole. “Whereas job progress blew previous expectations, wage progress continued to chill off, with common hourly earnings rising 4.2% year-over-year, just under consensus estimates of 4.3%,” in accordance with Statista. The clincher right here is not only that job progress exceeded economists’ expectations. It’s that it blew previous the prepandemic excessive of 152.4 million … by 4.5 million jobs. Now, this report was launched on Friday, October 6. It’s outdated information already, you would possibly…

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