Oct 2, 2015
The U.S. labor market lost momentum in September. Payrolls and wages were softer than expected, while the unemployment rate held steady. This month’s report suggests that the U.S. economy’s resilience to the slowdown in global growth may be fading, and raises questions regarding whether the Fed will move forward with its planned interest rate hike before the end of the year. For more detail, see The Top Line below.
