The U.S. jobless rate crept up in September, although hiring exceeded analyst expectations, according to a delayed employment report published Thursday after a record-long government shutdown.
The figures, marking the last official jobs report before the Federal Reserve's next policy meeting, paint a mixed picture of a softening — but not rapidly crumbling — labor market.
This could deepen a divide in the central bank on whether a third straight interest rate cut is warranted in December, with some officials already pushing for lower rates to boost the economy and others likely arguing that policymakers can wait a little longer.
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