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According to an analysis by The New York Times, Federal Reserve officials have long maintained that the labor market is not a source of inflationary pressures. The September report reinforced this view. Average hourly wages rose only slightly by 0.1% month-over-month and 3% year-over-year in September, below the market consensus of 3.2%.

1. **Labor Participation Rate:** The labor force participation rate among mid-career workers remains high, indicating that market demand for labor remains strong enough to sustain high employment rates. The US unemployment rate has remained at or below 4.5% since October 2021, marking the longest such period in modern history. 2. **Wages and Prices:** In recent months, inflation has outpaced wage growth. 3. **The Scope of Artificial Intelligence:** Accurately measuring job losses related to artificial intelligence is not easy. What is clear is that the construction of data centers powering AI technologies is creating a significant number of jobs. 4. **Is Job Growth Broad or Concentrated?** Job growth is primarily concentrated in sectors such as education, healthcare, and social assistance, while job growth in manufacturing, finance, and technology has lagged behind, and some sectors have even experienced job losses.

According to NBC News: US President Trump and French President Macron discussed the energy situation last night.

US President Trump: I am very pleased to announce that the agreement with South Korea is getting better and better! $8.4 billion will be allocated to an enhanced oil recovery project. Producing more oil and gas means future US energy dominance and global energy security!

Swap contracts linked to the date of the Federal Reserve meeting indicate that the market is no longer fully pricing in a full rate hike this year.

According to the U.S. Bureau of Labor Statistics, the number of people currently seeking employment but not yet in the labor market in September was 5.8 million, a little different from previous months.

According to the U.S. Bureau of Labor Statistics, the labor force participation rate (61.8%) and the employment-to-population ratio (59.2%) remained largely unchanged in September.

The U.S. Bureau of Labor Statistics reported that nonfarm payrolls increased by 29,000 and the unemployment rate remained largely unchanged in September (4.2%). Employment in all major industries also saw little change during the month.

Market traders are cutting back on bets on a Federal Reserve rate hike in October.

The U.S. Bureau of Labor Statistics reported that the unemployment rate was 4.2% in September, with 7.1 million people unemployed. Since March, the unemployment rate has remained within a narrow range of 4.1% to 4.3%. Among key labor groups, the unemployment rate for Black people rose to 7.0% in September. The unemployment rates for adult men were 3.9%, adult women 3.6%, teenagers 14.5%, whites 3.6%, Asians 2.9%, and Hispanics 4.7%, all showing little change from the previous month.

U.S. stock index futures rose sharply after the release of September jobs data.

The US unemployment rate in September was 4.2%, below the expected 4.1% and the previous reading of 4.10%.

The U.S. average hourly earnings annual growth rate in September was 3%, below the expected 3.2% and the previous reading of 3.10%.

The U.S. labor force participation rate in September was 61.8%, below the expected 61.6% and the previous reading of 61.60%.

The U.S. U6 unemployment rate was 7.6% in September, below the expected 7.7% and the previous reading of 7.70%.

U.S. nonfarm payrolls increased by 29,000 in September, below the expected 90,000 and the previous month's figure revised down from 162,000 to 133,000.

U.S. private sector nonfarm payrolls increased by 46,000 in September, below the expected 85,000 and the previous month's figure was revised from 127,000 to 89,000.

U.S. government employment fell by 17,000 in September, seasonally adjusted, compared with a revised figure of 44,000 in September (originally reported as 35,000).

The average hourly wage in the US rose 0.1% month-over-month in September, compared to a forecast of 0.30% and a previous reading of 0.30%.

The average weekly hours worked in the US in September was 34.4, compared to an expected 34.3 and a previous reading of 34.4.