U.S. Jobless Rate Surges to 4.3 Percent
The employment snapshot arrived later than anticipated after a partial federal shutdown pushed back the report's original Friday release date.
The nation's unemployed population remained at 7.4 million workers, marking a notable increase from the 6.9 million Americans without jobs one year ago when the unemployment figure stood at 4%.
Healthcare and social assistance drove hiring momentum during the year's opening month, with construction also contributing significant workforce expansion.
Federal government payrolls and financial sector positions contracted, however, tempering gains recorded across other industries.
Demographic breakdowns revealed divergent trends: teenage unemployment dropped to 13.6%, while jobless rates among adult men and women held relatively stable.
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