Home Forex Payrolls soared by 336,000 in September, defying expectations for a hiring slowdown

Payrolls soared by 336,000 in September, defying expectations for a hiring slowdown

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This is positive news for the US economy, as it indicates employers remain confident in the market despite a period of uncertainty. The surge in payrolls points to sustained growth and suggests companies are continuing to invest in their workforce and hire new employees. This should help underemployed workers and stimulate economic activity. The report also suggests wages are growing, which is positive for consumers.

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