US NFP beats expectation with 119k growth, but unemployment rate ticks up to 4.4%

U.S. non-farm payrolls surprised strongly to the upside in September, rising 119k versus expectations of 53k, more than making up for August’s downward revision from 22k to -4k. The stronger headline signals that hiring momentum hasn’t stalled as much as feared. However, the details of the report were more mixed. The unemployment rate edged up […]

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