U.S. job growth accelerated in September and the unemployment slipped to 4.1%, further reducing the need for the Federal Reserve to maintain large interest rate cuts at its remaining two meetings this year.

The latest figures suggest that many companies are still confident enough to fill jobs despite the continued pressure of high-interest rates.

The Labor Department said on Friday that the economy created 254,000 jobs in September, smashing Wall Street expectations and giving another boost to the Federal Reserve looking to ease off on the cou

Hiring in the US surged unexpectedly last month, in a rebuttal to those worried that the economy might be headed for a sudden, sharp downturn. Employers in the US added 254,000 jobs in August, much more than expected,