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US jobs creation surges unexpectedly in September

Hiring in the US surged unexpectedly last month, in a rebuttal to those worried that the economy might be headed for a sudden, sharp downturn.

Employers in the US added 254,000 jobs in September, much more than expected, while the jobless rate dipped from 4.2% to 4.1%%, the Labor Department said.

That was the strongest gain since March, and was far higher than the roughly 150,000 many analysts had forecast.

The closely watched report comes a few weeks before Americans will head to the polls in an election in which the state of the economy has been cited as a top concern.


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