September Jobs Report Set to Reveal Labor Market Health

The US jobs report for September is set to be released on Friday, providing insight into whether the labor market is cooling gradually or weakening more seriously.

Economists expect nonfarm payrolls to increase by 90,000 in September, with the unemployment rate remaining unchanged at 4.1%.

The Federal Reserve has recently shown little urgency to follow its interest rate hike in September with another immediate move, and a solid jobs report could reinforce this approach.