Employers are adding jobs at a healthy pace, with 254,000 jobs created in September. The unemployment rate also fell to 4.1%, indicating strong economic resilience.
Despite the overall job growth, manufacturing sectors, particularly the auto industry, face challenges, as evidenced by the loss of 7,000 jobs last month.
The U.S. labor force is expanding, with 150,000 new participants in September, largely fueled by immigration, which is crucial for maintaining job creation.
While job gains have slowed from earlier in the year, with an average of 186,000 jobs added over the past three months, the labor market remains solid.
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