Markets.News
A new study reveals that the unemployment rate in the United States dropped to 4.2% in the month of September, the lowest it has been since March 2020. This decrease is significant as it represents a decrease of 0.4% from the previous month. Additionally, the economy added 194,000 new jobs, exceeding expectations of 136,000. This growth in job creation was primarily seen in the professional and business services sector, along with transportation and warehousing. Overall, the labor market continues to show signs of recovery and resilience in the face of ongoing economic challenges.