Jobs Report In Focus: Will Slower Growth Push The Fed Toward November Interest Rate Cut?
With Friday’s nonfarm payroll report on the horizon, the labor market is expected to show a modest increase of 140,000 jobs, slightly down from August’s 142,000. Wednesday’s ADP National Employment Report for September signaled some resilience. The private sector added 143,000 jobs, up from 99,000 in August, bolstered by gains in goods-producing industries like construction…