US adds more jobs than expected in September


The first official data in weeks on the US job market is out, and it shows that hiring picked up after a lacklustre summer.

Employers added a better-than-expected 119,000 jobs in September, but the unemployment rate ticked up from 4.3% to 4.4%, the Labor Department said.

The US government shutdown, which ended last week after more than a month, had delayed publication of the figures for nearly seven weeks, leaving policymakers guessing about the state of the job market at a delicate moment.

Job growth has still barely budged since April, raising pressure on the central bank to cut interest rates to support the economy.


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