🚨 BREAKING | U.S. JOBS DATA 🇺🇸
The U.S. unemployment rate for September came in higher than expected at 4.2%.
📊 Unemployment Rate
• Reported: 4.2%
• Expected: 4.1%
• Previous: 4.1%
⚠️ Adding to the concern, nonfarm payrolls increased by just 29,000, falling significantly short of forecasts.
📉 Together, the data points to a cooling U.S. labor market, potentially keeping markets focused on the Fed’s next moves.
The U.S. unemployment rate for September came in higher than expected at 4.2%.
📊 Unemployment Rate
• Reported: 4.2%
• Expected: 4.1%
• Previous: 4.1%
⚠️ Adding to the concern, nonfarm payrolls increased by just 29,000, falling significantly short of forecasts.
📉 Together, the data points to a cooling U.S. labor market, potentially keeping markets focused on the Fed’s next moves.