Topic: Economic Indicators
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Economic Indicators

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BLS: September payrolls +119,000; unemployment 4.4%; select October data to be folded into Nov. report due Dec. 16
The delayed September jobs report, released nearly seven weeks late, showed U.S. nonfarm payrolls rose by 119,000 and the unemployment rate edged up to 4.4% as the labor force expanded by 470,000; average hourly earnings rose 0.2% month‑over‑month and 3.8% year‑over‑year. July and August payrolls were revised down by a combined 33,000, health care led job gains while manufacturing and federal employment fell, markets closed lower on the news, and the BLS said it will not publish a full October report but will fold select October inputs into the November jobs report due Dec. 16.
Stock Market U.S. Labor Market Economy and Inflation