US Nonfarm Payrolls (September 2026): +29K jobs, unemployment 4.2%
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US Nonfarm Payrolls Collapse to 29K from 162K
US nonfarm payrolls fell sharply to 29K in September from 162K previously, marking a severe slowdown in labour-market momentum. This loosens the labour market significantly and weakens the case for holding rates higher, pressuring USD across major pairs as wage-growth trajectory dims.
https://x.com/financialjuice/status/2105998910841823647US Unemployment Rate Rises from 4.1% to 4.2%
US jobless rate ticked up to 4.1% from 4.1%, signaling a slight loosening in labour market tightness. Softer employment conditions could ease wage-growth pressure, a key metric the Fed watches alongside PCE inflation in rate decisions. USD pairs sensitive to labour-market momentum.
https://x.com/financialjuice/status/2105998948078891032US Nonfarm Payrolls Fall to 29,000 in September from Prior
US nonfarm payrolls rose only 29,000 in September, well below the 84,000 forecast, while unemployment jumped to 4.2% from 4.1%. Weaker labor data may ease Fed pressure on rate cuts if PCE inflation—currently 3.7% vs 2% target—remains the deciding factor. USD weakness likely as rate-cut odds shift.
https://www.cnbc.com/2026/10/02/jobs-report-september-2026.htmlUS Private Payrolls Add 46K in September, Down from 127K
US private employment rose 46,000 in September, well below the 127,000 prior month and 81,000 forecast. Manufacturing added just 9,000 jobs, while government payrolls fell 17,000. Labour force participation improved to 61.8%, and underemployment tightened to 7.6%. The slowdown signals a loosening labour market, reducing wage pressure and weighing on USD. XAU/USD rallied 428.5 pips before this release; traders now focus on wage implications for Fed policy.
https://x.com/LiveSquawk/status/2105999339562647894US Nonfarm Payrolls Collapse to 29K from 162K in September
US job creation plummeted to 29,000 in September versus 162,000 prior, with unemployment rising to 4.2% from 4.1%. Wage growth slowed: average hourly earnings fell to 0.1% m/m (from 0.3%) and 3.0% y/y (from 3.1%). Labour market loosening signals lower wage pressure ahead, easing Fed rate-cut path. XAU/USD surged 428.5 pips (35.6σ) on softer payrolls; USD weakness confirmed across majors.
https://x.com/LiveSquawk/status/2105999321330221207New to MyTradingLand?
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