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The Delayed September Jobs Report Is Out. Here's What It Means for the Fed
The September jobs report, delayed from its initial October 3 release date due to the record-long government shutdown, came in higher than expected. While this is good news for those worried about a sharp slowdown in the labor market, it does keep the odds of a December rate cut low. According to the Bureau of Labor Statistics (BLS), nonfarm payrolls rose by 119,000 in September, beating economists' estimate for 50,000 new jobs. Figures for July were revised down by 7,000, from +79,000 to +72,000, while those for August were revised lower by 26,000, from +22,000 to -4,000. These revisions result in 33,000 fewer jobs ... (full story)
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Nov 20, 2025 9:01am
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Total nonfarm payroll employment edged up by 119,000 in September but has shown little change since April, the U.S. Bureau of Labor Statistics reported today. The unemployment rate, at 4.4 percent, changed little in September. Employment continued to trend up in health care, food services and drinking places, and social assistance. Job losses occurred in ...
The Bureau of Labor Statistics on Thursday will release the September nonfarm payrolls number, ending a shutdown-induced blackout on official jobs data, albeit with a decidedly rear-window view. Due at 8:30 a.m. ET, the release is forecast to show a gain of 50,000 jobs in the public and private sectors, up from the initially reported 22,000 in August but ...
A stronger-than-expected — albeit stale — September jobs report is muddying the picture of whether a split Federal Reserve will cut or hold interest rates steady at its next policy meeting. Experts and markets are divided. “They will not cut rates,” Wilmer Stith, bond portfolio manager for Wilmington Trust, said Thursday. While payroll growth was stronger, ...
