President Joe Biden will speak about the surprising September jobs report on Friday, October 6.
As Breitbart News reported, America added 336,000 jobs in September, while the unemployment rate stayed the same at 3.8 percent:
The much-better-than-expected surge in employment puts pressure on the Federal Reserve to hike again at its two meeting that starts on the final day of October. The Fed decided at its last meeting in September to hold rates steady to see how earlier rate increases are affecting the economy. Prior to today, the market was pricing in around a 20 percent chance of a hike at the next meeting.
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