September NFP Report Set to Shape US Labor Market Outlook
The U.S. Bureau of Labor Statistics (BLS) will release the September Nonfarm Payrolls (NFP) report on October 2, at 8:30 a.m. Eastern Time.
Markets are eagerly awaiting key indicators including nonfarm payroll growth, unemployment rate, labor force participation rate, and average hourly earnings.
August's employment data showed the U.S. added 162,000 nonfarm payrolls, exceeding market expectations, while the unemployment rate remained at 4.1%.
Three key signals that markets will watch include nonfarm payroll growth, whether the unemployment rate rises, and average hourly earnings growth.