US Hiring Appetite Is Healthy as Economy Powers Ahead
The US economy shows signs of continued strength with healthy hiring trends and resilient consumer spending heading into the third quarter. Economists expect the upcoming jobs report to reflect steady growth, influencing the Federal Reserve's future interest rate decisions.
Why it matters
Economic indicators suggest the US may avoid a downturn, but persistent inflation concerns keep the Federal Reserve's monetary policy strategy in a state of flux.
This content was published on September 26, 2026 - 22:00 9 minutes (Bloomberg) — US hiring probably remained solid for a second month in September as economic momentum builds, even in the face of mounting cost pressures.
Economists estimate the jobs report due Friday from the Bureau of Labor Statistics will show nonfarm payrolls rose about 90,000 after climbing in the prior month by the most since March. The unemployment rate is seen remaining at a one-year low of 4.1%.
The catalyst for recent stronger hiring has, unsurprisingly, been the economy itself. Demand metrics highlight an extended and feverish pace of capital spending as well as improved consumer spending. That backdrop has allowed the Federal Reserve to turn its policy focus squarely toward inflation.
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