- September US payrolls are projected at 90,000, extending solid hiring momentum into a second month, according to Bloomberg's preview.
- The unemployment rate is expected to hold at 4.1%, per the same preview.
- The preview attributes the resilient hiring backdrop to building economic momentum despite mounting cost pressures.
Quotes
“US hiring probably remained solid for a second month in September as economic momentum builds, even in the face of mounting cost pressures.”