2025-12-24 15:50:18

## US Non-Farm Payroll Data to be Released Today…Attention on Signs of Labor Market Slowdown

The US September non-farm employment statistics, which had been delayed due to the federal government shutdown, will be released today. Originally scheduled for early last month, this indicator has been postponed due to the longest government shutdown in US history, fueling market expectations.

**Implications of the Expected Employment Data**

What to watch for in this report is the relatively limited job growth. Market forecasts suggest that in September, job increases will be around 50,000, compared to 22,000 in August. This indicates that the cooling trend in the labor market continues.

In terms of the unemployment rate, it is expected to stabilize around 4.3%. Meanwhile, the average hourly wage is forecasted to increase by 0.3% month-over-month, maintaining a 4.7% rise compared to the previous year.

**Release Schedule and Data Gaps**

This release will resolve the gap in US employment statistics, but October data is not expected to be published due to budget allocation issues that prevented government data collection. The federal government shutdown has impacted even the economic data collection system.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.