U.S. Job Market Does Well, Dollar Soars
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10/5/20241 min read


Dollar soared on Friday after data showed that the U.S. job market had done unexpectedly well in September. According to reports of news organisations, the U.S. Bureau of Labor Statistics showed 254,000 workers were added to nonfarm payrolls last month, against an expected 140,000. August's number had stayed at 159,000.
Dollar’s jump being said to be highest in seven-week as the unemployment rate unexpectedly slipped to 4.1% in September from 4.2% in August.