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.

In the week through Sept. 28, there were 225,000 initial jobless claims, compared economists expectations of 220,000 initial claims.

You get upward revisions and it tells you the job market continues to be healthy, and that means the economy is healthy.” Wages for U.S. workers tracked up in September as average hourly earnings for all employees on private,