U.S. expected to have moderate job growth in September
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NewsTranscript
00:00The U.S. economy likely saw a moderate job growth in September, with the employment rate
00:06expected to stay at 4.2 percent.
00:09This stability may reduce the need for significant interest rate cuts by the Federal Reserve.
00:15Payrolls are projected to have increased by $140,000, below recent averages.
00:21Despite these challenges, recent economic data shows a stronger overall economy, and
00:26the Fed is cautious about making further cuts.