September jobs report misses: U.S. added just 29,000 jobs, unemployment rose to 4.2%; July and August revised down 60,000

The September jobs report came in much weaker than expected: the U.S. added just 29,000 jobs and unemployment rose to 4.2%, per the federal government's latest report. July and August payrolls were revised down by a combined 60,000, with July turning negative at -10,000. Market-implied odds of a Fed hike fell further.

Detected & updated continuously · Source: Nebula