US Nonfarm Payrolls Rose by 29,000 in September, Unemployment Rate at 4.2%

Deep News
Yesterday

The US nonfarm payrolls were estimated to increase by 90,000, with forecasts from 80 surveyed economists ranging between 35,000 and 180,000.

The labor force participation rate came in at 61.8%, compared with 61.6% a month earlier.

Average hourly earnings rose 0.1% from the previous month, against an estimate of a 0.3% gain and a 0.3% increase a month earlier.

Private-sector nonfarm payrolls increased by 46,000, following a gain of 89,000 a month earlier; the estimate was for an increase of 81,000, with forecasts from 47 surveyed economists ranging between 40,000 and 165,000.

Manufacturing payrolls rose by 9,000, after a 15,000 gain a month earlier; the estimate was for an increase of 10,000, with forecasts from 16 surveyed economists ranging from unchanged to a rise of 25,000.

The unemployment rate stood at 4.2%, compared with 4.1% a month earlier; the estimate was 4.1%, with forecasts from 78 surveyed economists ranging between 4% and 4.3%.

The underemployment rate was 7.6%, compared with 7.7% a month earlier.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10