September jobs report much weaker than expected: U.S. added just 29,000 jobs, unemployment rose to 4.2%; Fed hike odds fall further

The September jobs report came in much weaker than expected, with the U.S. adding just 29,000 jobs and unemployment climbing to 4.2%, per the federal government's latest report. Market-implied odds of a Fed hike fell further; NEC director Hassett said government employment was down while everything else rose.

Detected & updated continuously · Source: Nebula