US economy adds 254,000 jobs in September, exceeding expectations

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The U.S. economy added 254,000 jobs in September, surpassing the Dow Jones consensus forecast of 150,000, according to a report from the Labor Department. This growth was reflected in multiple sectors, including food services, health care, government, social assistance, and construction.

The report also noted a slight drop in the unemployment rate, which fell by 0.1% from August, bringing it to 4.1%. The Bureau of Labor Statistics highlighted that employment continued to rise in key industries, contributing to the overall job market growth.

The latest data indicates continued positive momentum in the job market, exceeding initial projections and suggesting resilience in sectors such as food services and health care. The report provides a comprehensive look at job trends, emphasizing the sustained expansion across a broad range of industries.