Weekly Economic & Financial Commentary: Labor Market Cooling Jolts Markets

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Weekly Economic & Financial Commentary: Labor Market Cooling Jolts Markets

Summary United States: Labor Market Cooling Jolts Markets Total payrolls rose by 263K in September, a shade above consensus. The unemployment rate fell to 3.5%, while average hourly earning increased 0.3%. Job opening plummeted by 1.1 million vacancies, according to September’s JOLTS. The ISM manufacturing survey fell to 50.9 in September, while ISM services slipped […]

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Source: Weekly Economic & Financial Commentary: Labor Market Cooling Jolts Markets