The latest September 2024 labor reporting of 254,000 new jobs added compared to the estimate of 150,000 is not that great.  We often forget it depends if they are good paying jobs or fast food entry level type jobs.  Minimum wage jobs do not add much to the economy as those workers are barely getting by. Average hourly earnings increased 4% in Sept 2024 but that isn’t much.  A $16 dollar per hour at a 4% increase would be $.64.   My problem with these reporting news items is they sound good and pop the stock market up for a couple days but if you do the math you can see the news isn’t much. Hate to be skeptical, but it is good to be skeptical when investing