Jobs Report In Focus As Fed Signals More Rate Cuts
2025-09-29 14:25:00 ET
The latest read on the US labor market will be out this Friday, October 3, when the Bureau of Labor Statistics releases September nonfarm payrolls, unemployment, average hourly earnings and other metrics. August NFPs came in softer than expected at 22,000 (vs. the Dow Jones forecast for 75,000) and likely pushed the September 17 interest rate cut over the finish line. That same report saw unemployment tick up to 4.3%, the highest rate in over a year. Wage growth ticked up 0.3% for the month, but the annual gain of 3.7% was lower than the 3.8% expectation. All of these results will be in focus come Friday, as well as the broader measure of unemployment that includes discouraged and underemployed workers, a metric that grew to 8.1% in August, the highest level since October 2021. 1 ...
Read the full article on Seeking Alpha
For further details see:
Jobs Report In Focus As Fed Signals More Rate Cuts
NASDAQ: VGSH
VGSH Trading
-0.15% G/L:
$58.185 Last:
1,336,052 Volume:
$58.20 Open:
