U.S. Job Growth Beats Expectations in September, But Inflation and Labor Unrest Signal Challenges Ahead
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Employers added 336,000 jobs in September, surpassing expectations. Unemployment remained at 3.8%.
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Nearly 120,000 more jobs were created in July and August than originally reported.
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Job growth was broad-based across industries like manufacturing, education, and hospitality.
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But inflation, high interest rates, and labor strikes signal a two-faced economy.
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Economists see reasons for optimism despite consumer pessimism about the economy.