Labor market faltered in Sept. as jobs increased by just 29,000, unemployment rate 4.2%

a bit of a disappointment expecting 90,000 comes in at 29,000 and we see revisions two month revision down 60,000 29,000 will be the lightest since July when it was 21,000 manufacturing you may recall our last look was 16,000 that was the best going all the way back to the fall of 2023 it was downgraded a bit to 15,000 but that still doesn't change its historic status We gave a bit up, comes in close to expectations at up 9,000. So, the renaissance of manufacturing continues. Average hourly earnings. Now, if we take it on a month- over-month basis, this a big miss, big big miss. We're expecting up 3/10en. Our last look was up 3/10. This comes in up one10enth. And up one10enth would actually be the lightest of the year. An equal of last year. Find a smaller number. You're back in April of last