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September Jobs Report: Cooler But Stable Hiring As Summer Months Fade
Source: seekingalpha.com
Economic DataLabor MarketMonetary Policy
U.S. employers added just 29K jobs in September, materially below consensus expectations of roughly 80K. Payrolls for the prior two months were also revised down by a combined 60K, signaling a sharper-than-expected weakening in labor-market momentum. The data could increase expectations for a more dovish Federal Reserve policy path.
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