The US added 29,000 jobs in September

29,000. So a much worse number than had been estimated. 29,000 jobs added in September versus the 90,000 estimated. Average hourly earnings slower than estimated at only a tenth of 1%. That is a third of what economists had been predicting. And the unemployment rate ticking up to 4.2%. That is not great news uh on the labor market front. So we will maybe we're too complacent guys going economist said everything is fine. 4.2% 2% again the unemployment rate the labor force participation rate actually ticking up a little bit 61.8% up 2/10en of 1%. So those are some of the numbers that stand out to me. Um you know again 29,000 a much worse than predicted result for the jobs added last month. We were looking for normalization guys. We're looking for okay it seemed like most of the economists said maybe August was a little bit of an anomaly. Not that things are bad, but we'll see some normalization, but it looks like we've seen that and then some. So, I know you guys are digging into what we're seeing in the in the report here. >> Yeah. So, I just want to go under the hood, look at the sectors here. So, we really see the strength in this report from goods producing, private service providing. This is the private sector strength here. We saw the government lose 17,000 jobs. Drilling more into that private sector data. Where are you seeing the strength? You're seeing that in construction, 11,000 jobs positive. You're seeing that in uh where was that number that I'm looking at? Manufacturing and durable goods. You're seeing it in healthcare. That's right. >> We're seeing a bit of a slowdown in health in uh in leisure, which has been a big bump for the last few months, dropping to 10,000 jobs added this month and 37,000 last month. I also do just want to hang on that manufacturing number for a second here. 9,000 jobs added. That is a slowdown from last month's 15,000 jobs. The question there is how much of that is the AI economy, the data center, the factory buildout, the energy equipment. What is that going to do to that manufacturing number over the next few months? >> I mean the engine has been healthcare. That's right. >> And so healthcare still saw a gain of 17,000 but it's a smaller gain. So it's sort of like that trend is slowing to some extent. So it's been kind of healthare and what governmentucation education and both of those things are moderating to some extent. We saw the government lose 17,000 jobs on the month.