Forex
September Jobs Report Expected to Show Hiring Plateau
The US labor market is expected to show a hiring plateau after a strong August, according to economists.
The September jobs report, set for release on Friday, October 2, at 8:30 a.m. EDT, is forecast to show the addition of 95,000 jobs, down from 162,000 in August, and an unemployment rate holding steady at 4.1%.
Analysts say the data will likely bear less on the Federal Reserve's October interest rate decision than upcoming inflation data, but a soft report could trim expectations for the number and pace of rate increases.