The September jobs report was stronger than expected and is likely to assuage recession fears, driving up hopes for soft landing or no landing economic scenarios.

Continuing job claims may not be a good indicator for the unemployment rate. Read what one unnoticed factor could push the unemployment rate higher.

The U.S. added 254,000 jobs in September, and the unemployment rate ticked lower to 4.1 percent, according to Labor Department data released Friday. The September jobs report blew past

The September jobs report will be pivotal for markets because it holds implications for future Fed interest rate policies.

Wages for U.S. workers tracked up in September as average hourly earnings for all employees on private, non-farm payrolls increased by 13 cents, or 0.4%, to $35.36, according to the Labor Department. Over the past 12 months, average hourly earnings have increased by 4%.

The Labor Department said on Friday that the economy created 254,000 jobs in September, smashing Wall Street expectations and giving another boost to the Federal Reserve looking to ease off on the cou

The U.S. added 254,000 jobs in September, far exceeding expectations, while the unemployment rate fell from 4.2% in August to 4.1%.

The US economy added 254,000 jobs in September, smashing expectations and prompting traders to increase bets that the Federal Reserve will lower interest rates at a slower pace after a jumbo cut last month.