Todays episode delves into the long-awaited September jobs report, which was released after a six-week delay due to the government shutdown. Despite the delay, the report offers valuable insights into the job markets performance and sets the stage for future economic predictions. Economists were eager to see these numbers, as theyve been operating without fresh federal data for some time. The report shows a low-hire, low-fire labor market, with most job gains happening in healthcare and social services, indicating a cautious approach from employers. Economists expected about fifty thousand jobs to be added in September, with the unemployment rate holding steady at four point three percent. If these predictions hold true, it would mean this year is on track for the weakest employment growth since the pandemic and the Great Financial Crisis. However, some economists dont foresee a recession in the immediate future, suggesting the labor market is in the final stages of a marathon, slowing down but not crashing, with hopes for a more upbeat outlook in two thousand twenty-six.

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