A closely watched report released by the Labor Department on Friday showed employment in the U.S. surged by much more than expected in the month of September.
The Labor Department said non-farm payroll employment shot up by 336,000 jobs in September after jumping by an upwardly revised 227,000 jobs in August.
Economists had expected employment to increase by 170,000 jobs compared to the addition of 187,000 jobs originally reported for the previous month.
Meanwhile, the report said the unemployment rate in September came in unchanged from August at 3.8 percent. The unemployment rate was expected to edge down to 3.7 percent.
