How to make sense of the country's stunningly strong job market

PO1 William "Chip" Nagel
..."The jobs engine is not slowing down
Instead of the slowdown that forecasters expected to see in the jobs numbers, hiring appears to be revving up. Not only did employers add an eye-popping number of jobs in September, but revised figures show that hiring was much stronger in July and August than had been reported.

Last month's job gains were broad-based with nearly every industry adding workers.

Restaurants and bars added 61,000 jobs in September and are finally back to where they were before the pandemic. Health care and education also added tens of thousands of workers last month. Even factories and construction companies continued to hire, despite the strain of rising interest rates."...