The U.S. added 254,000 jobs in September, almost double that of economists' expectations. The unemployment rate dipped to slightly above 4. Strong hiring momentum suggests the Federal Reserve may opt for a smaller rate cut of twenty-five basis points at its upcoming November meeting. Experts noted this job growth aligns with a potential soft landing for the economy, and stocks rose following the data. Wage growth reached 4 annually, outpacing inflation, which economists estimate fell to 2.3.