Delayed September US labor market data is about to be released

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After weeks of waiting due to the US government shutdown, the US labor market data for September 2025 will finally be released today. The prolonged budget dispute had significantly delayed the originally scheduled release for October 3rd.

What the data is expected to show

For the US labor market, modest growth is anticipated: non-farm employment could have increased by about 50,000 jobs in September—a notable decline compared to August’s 22,000 new jobs. This development underscores the continued cooling of the labor market.

The unemployment rate is expected to remain stable at 4.3%, while average hourly wages are projected to increase by 0.3% month-over-month, resulting in an annual growth rate of 4.7%.

Missing October Data

Another point of omission: the US labor market data planned for October will not be published at all. The reason is the impossibility of data collection in the current Population Survey (CPS) due to budget constraints during the reference month of October 2025.

For investors and analysts, this means paying close attention to today’s September figures—they could provide important clues about economic development.

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