World · 20 November 2025
US jobs report beats expectations. Markets rally
AI Generated (Gemini)
US markets rallied after September employment data showed 119,000 jobs added, more than doubling economists' 51,000 forecast and reversing concerns about economic weakness. The delayed report, released due to government shutdown, revealed August actually lost 4,000 jobs rather than gaining 22,000 as initially reported. Wall Street welcomed the mixed signals with the S&P 500 climbing 1.7% and Dow gaining 1.3%, as investors saw hope for both economic resilience and potential Federal Reserve rate cuts with unemployment rising to 4.4%.
Reported by CNN Business · How we write briefs