ChainCatcher reported that the U.S. labor force participation rate stood at 61.8% in September. The reading was above the expected 61.6% and also higher than the previous figure of 61.6%. The update points to a modest increase in the participation rate compared with both the consensus forecast and the prior reading. As a 7x24 market brief, the item only disclosed the headline figures and did not provide additional breakdowns or commentary.
According to ChainCatcher, the U.S. labor force participation rate was 61.8% in September, above the expected 61.6%. The previous reading was 61.6%.
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