The US economy added 254,000 jobs in September. It’s a significant increase from August, and came in well above the 150,000 expected by economists. Meanwhile, the unemployment rate ticked slightly lower to 4.1%, coming in below the 4.2% expected by economists. Average hourly earnings also rose more than expected.
Morning Brief Hosts Seana Smith and Brad Smith break down how Wall Street is reacting to the better-than-expected data.
For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.
This post was written by Melanie Riehl
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