U.S. employers likely added workers at a slower rate in September, consensus economists believe, in another sign that a growth slowdown has overtaken the domestic economy.
The Department of Labor is set to release its report on the health of the U.S. labor market from September on Friday at 8:30 a.m. ET. Here are the main figures economists are expecting from the print, according to Bloomberg data:
Nonfarm payrolls: +145,000 vs. +130,000 in August
Unemployment rate: 3.7%, vs. 3.7% in August
Average hourly earnings MoM: +0.2% vs. +0.4% in August
Average hourly earnings YoY: +3.2% vs. +3.2% in August
The labor market has so far seen fewer new positions added over the course of the year while the unemployment rate held near multi-decade lows. The three-month average