September Jobs Report: Job Growth Stability Amid Unchanging Unemployment Rate

Reported 3 months ago

The upcoming September jobs report is anticipated to show a rise of 150,000 in nonfarm payrolls while the unemployment rate remains steady at 4.2%. Key indicators suggest a cooling labor market, but no significant weakening that would lead the Federal Reserve to consider a major interest rate cut in November. Economic analysts expect growth in employment to improve slightly from August, with broader signs indicating stable hiring rather than mass layoffs.

Source: YAHOO

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