Due to the longest government shutdown in US federal history, the non-farm employment data for September, which was postponed, is scheduled to be released today. It was originally set to be announced on October 3rd but was delayed due to administrative gaps.
Expected Employment Indicator Figures
In September, the US non-farm sector is expected to see an increase of 50,000 jobs, compared to 22,000 jobs in the previous month. This suggests that signs of a weakening labor market are gradually expanding. The unemployment rate is expected to remain stable at around 4.3%.
Wage Growth Rate and Inflation Pressure
The average hourly wage is expected to increase by 0.3% this month.