U.S. stock index futures extended gains on Friday after a crucial labor report showed a higher-than-expected rise in payrolls and lower-than-expected rise in unemployment, calming worries of a rapid cooldown in the jobs market.
A Labor Department report showed nonfarm payrolls rose 254,000 in September compared with an estimate of 140,000, according to economists Reuters polled. The number was revised upwards to 159,000 for August.
The unemployment rate was 4.1% for the previous month, versus an estimate of 4.2%.
A Labor Department report showed nonfarm payrolls rose 254,000 in September compared with an estimate of 140,000, according to economists Reuters polled. The number was revised upwards to 159,000 for August.
The unemployment rate was 4.1% for the previous month, versus an estimate of 4.2%.
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