The job market looks like it has a lot further to run. The Federal Reserve will probably let it. The Labor Department on Friday said that the economy added 156,000 jobs in September. That was a bit below the 170,000 economists were looking for, but more than enough to absorb a growing population. The unemployment rate ticked up to 5% from 4.9% in August, but for the good reason that more people were in the hunt for jobs.
Source: Wall Street Journal October 07, 2016 16:16 UTC