US hiring far above expectations: 165,000 jobs added, unemployment falls to 4.1%
FROM THE WIRE · WSJ.COM
It was much better than the 59,000 jobs that economists polled by The Wall Street Journal had expected.
Read at the source ↗MARKET IMPACTHIGH✦ News Impact agent estimateTone: expected bullishA payrolls print far above consensus can shift Fed rate expectations and move yields.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Hiring added 165,000 jobs last month.
- 02Economists polled by the Wall Street Journal had expected 59,000 jobs.
- 03The unemployment rate declined to 4.1%.