The economy's primary growth engine, consumer spending, advanced 3.5%, which is the most this year.
The so-called core consumer price index increased 0.3% for a second month.
Traders trimmed the probability that the Fed cuts rates by a half point next week.
The new data fueled speculation that the Fed will raise rates by half a percentage point this month.
Inflation-adjusted consumer spending climbed 0.4%.
Growth has cooled so far this year after accelerating the second half of 2023.
A preliminary revision in jobs data could reignite fears of an abrupt downshift in the economy.
The report showcases a consumer that's holding up despite higher borrowing costs.
Inflation is still broadly on a downward trend as the economy slowly shifts into a lower gear.
The jobs report adds to a week of disappointing data that raise concerns of a more abrupt downshift in the economy.
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