September nonfarm payroll added 29,000 jobs, less than a third of the expected 90,000. The unemployment rate rose to 4.2%.
Expectations for a rate hike in October continue to cool; the market now is pricing in December.
The chart lays out the actual/forecast/prior figures, the unemployment rate, and hourly earnings—all in one place so you can understand it at a glance.
Expectations for a rate hike in October continue to cool; the market now is pricing in December.
The chart lays out the actual/forecast/prior figures, the unemployment rate, and hourly earnings—all in one place so you can understand it at a glance.
