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US Sept payrolls miss at 29K, unemployment rises to 4.2%

US employers added 29K jobs in September against a forecast of 90K, with July and August revised down by a combined 60K. The unemployment rate rose to 4.2% and hourly pay grew 3.0% over the year against a 3.2% forecast.

Original · FXStreet AI summary of public reporting

Why: Weak jobs data → higher rate cut odds

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US Sept payrolls miss at 29K, unemployment rises to 4.2% | SignalHub