US Economy Adds Significantly More Jobs Than Expected in September

US employment growth significantly surpassed expectations in September, with the unemployment rate decreasing from the previous month. This may influence predictions for substantial interest rate cuts by the Federal Reserve in its remaining meetings of the year.

The US economy gained 254,000 jobs in September, up from a revised figure of 159,000 in August. Economists had forecasted an increase of 147,000 jobs.

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