Adriana Kugler

Member of the Federal Reserve Board of Governors

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US job growth slows sharply in September as unemployment rises to 4.2%

Described a 'low-hire, low-fire' labor market in her post-report analysis and said the hires rate in the September JOLTS report will show whether hiring is recovering

Employers added 165,000 jobs in October, far more than forecast, and unemployment fell to 4.1%, the Labor Department said Nov. 6. The report suggests the labor market is holding up even as hiring has slowed from earlier in the year.

Updated Yesterday