Comments on September Employment Report

The headline jobs number at 134,000 for September was below consensus expectations of 180 thousand, however the previously two months were revised up by a combined 87 thousand.  The unemployment rate fell to the lowest since December 1969.  Overall this was a solid report. Earlier: September Employment Report: 134,000 Jobs Added, 3.7% Unemployment Rate In September, the year-over-year employment change was 2.537 million jobs. This is solid year-over-year growth. Average Hourly Earnings Wage growth was above expectations in September. From the BLS: " In September, average......(read more)

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