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US creates 263,000 jobs, unemployment drops to 3.5%

2022-10-07T13:51:04.033Z


The US economy created 263,000 jobs in September, beyond the expectations of analysts who bet on 255,000. The unemployment rate dropped to 3.5% from 3.7% in August. (HANDLE)


(ANSA) - NEW YORK, OCTOBER 07 - The American economy created 263,000 jobs in September, beyond the expectations of analysts who bet on 255,000.

The unemployment rate fell to 3.5% from 3.7% in August.


    The data on the labor market in September do not seem capable of altering the vision and the path taken by the Fed, which is carrying out an aggressive campaign of hikes in rates to calm the course of inflation.

This is the hot comment of some analysts after the dissemination of the data.

The labor market is showing resilience even though it is starting to slow down.

If in fact 315,000 jobs had been created in August, in September the growth stops at 263,000, the lowest increase since April 2021. (ANSA).


Source: ansa

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