U.S. Added Blowout 254K Jobs in September, Unemployment Rate Dips to 4.1%Stronger than expected jobs data for September diminishes chances for a 50 basis point rate cut by the Fed in November.
That huge negative revision to job growth is frightening some investors but most experts aren't worriedThe U.S. saw the largest payroll revision since 2009, with 818,000 fewer jobs reported than initially stated.
U.S. Added Blowout 254K Jobs in September, Unemployment Rate Dips to 4.1%Stronger than expected jobs data for September diminishes chances for a 50 basis point rate cut by the Fed in November.
That huge negative revision to job growth is frightening some investors but most experts aren't worriedThe U.S. saw the largest payroll revision since 2009, with 818,000 fewer jobs reported than initially stated.