The US September non-farm payrolls data has been announced. The US non-farm payrolls data, which are closely followed by dollar, gold, stock market and cryptocurrency investors, help investors determine directional signals. Investors direct their investments according to the positive or negative signals to be received about the US economy after the non-farm payrolls data. So, what happened to the US September non-farm payrolls data?
The US September non-farm payrolls data has been announced. The direction of the US non-farm payrolls data, which are closely followed by investors, was a matter of curiosity in September. So, what happened to the US inflation decision for September? What were economists’ inflation expectations?
WHAT HAPPENED TO THE US NON-FARM EMPLOYMENT DATA? While non-farm employment in the US increased by 254 thousand in September, above expectations, the unemployment rate decreased from 4.2 percent to 4.1 percent.
WHAT WERE THE EXPECTATIONS? While optimism that the economy could make a “soft landing” continues in the US, it was predicted that the signals to be received from today’s employment market data could increase volatility in the markets. While confidence in the country’s inflation rate to fall to the desired level is growing stronger, the ongoing fears of a recession are among the factors that make pricing difficult. According to data released yesterday, the number of people applying for unemployment benefits for the first time in the US rose to 225,000 in the week ending September 28, exceeding market expectations.
