Good news for the jobs market continues to be bad news for stocks, as another round of seeming contradictions prevailed on Friday. A reasonably good jobs market in September triggered fears that the Federal Reserve will stay with its appointed interest-rate-raising rounds.
The Labor Department reported Friday that employers added 263,000 jobs in September. That’s lower than August’s 315,000 and it continues a general trend downward since a year ago. But it beat economists’ expectations and showed that demand for workers continues.
