Jobs Market Remains Strong Despite Lingering Worker Concerns

September jobs data showed 336,000 jobs added to the U.S. labor force, yet core inflation remained just above 2%.

Over the past year, 3.2 million payrolls have been added while inflation has meaningfully reduced - perhaps no tradeoff is needed.

Julia Pollak believes the outlook for the labor market remains uncertain - interest rates are holding some back while others plan to hire despite economic concerns.

ZipRecruiter data shows job postings are nearing pre-pandemic levels, indicating a healthy, sustainable job market overall.

However, sentiment data shows job seekers feel financial stress, so opportunities aren't yet enough to maintain household spending.