The 254,000 new jobs added to the U.S. economy in September exceeded economists' expectations of 150,000. (Credit: metamorworks/Adobe Stock)

The National Council on Compensation Insurance (NCCI) isn't convinced September's job totals are a sign of things to come.

"The employment report was a welcome change after several months of weaker data; however, we caution overreacting to any single data print," the NCCI said in its most recent installment of Labor Market Insights. "More information will be needed to assure us that this was not a one-off report and that trends are indeed changing sustainably."

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Joe Toppe

Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.