After months of wobbling, a fresh jobs report showed that hiring and wage growth are strong, aligning with other robust economic data.The economy has been compared to a jigsaw puzzle for months, with one mismatched piece: while consumer spending has remained strong and overall growth has been solid, the job market has been unstable. However, recent employment data for September has finally filled in that missing piece. The report showed a strong increase in hiring, a decrease in the unemployment rate, and strong wage growth, adding to a series of recent data that points to the economy’s resilience. This evidence leads to a clear conclusion: the economy is robust. In fact, recent data revisions have shown that growth and incomes have been stronger than previously thought, and retail sales data are also holding up. Employers are meeting the demand from resilient consumers by expanding their workforces. This report also reinforces the fact that the job market is currently in a healthy state. This is good news for the Federal Reserve, the White House, and Kamala Harris’s campaign as she tries to make an economic case to voters ahead of the presidential election in November. It supports the idea that the economy is either heading towards or has already achieved a soft landing, where inflation decreases without causing economic pain. According to The New York Times reports, the fresh data is a positive sign for the economy. 

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