U.S. nonfarm payrolls increased by 29,000 in September on a seasonally adjusted basis, below the market median forecast of 90,000, according to a newsflash published by Odaily and citing Jin10. The unemployment rate came in at 4.2%, above the expected 4.1% and higher than the previous reading of 4.10%. The update points to a weaker-than-expected labor market print for the month. No additional market reaction or asset-price data was provided in the source item.
U.S. seasonally adjusted nonfarm payrolls increased by 29,000 in September, below the market median forecast of 90,000, according to Odaily, which cited Jin10.
The U.S. unemployment rate was 4.2% in September, compared with an expected 4.1% and a previous reading of 4.10%.
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