The US will release its September nonfarm payrolls report at 20:30 Beijing time on Friday. Reuters survey estimates project a gain of 90,000 jobs, a sharp decline from August's 162,000, while the unemployment rate is expected to hold steady at 4.1% for the third consecutive month.
This data serves as a critical indicator for assessing labor market strength following the Federal Reserve's first rate hike in three years implemented in September. Market participants will scrutinize the figures to determine whether the workforce remains resilient and if another rate increase may be warranted in October.
US September Nonfarm Payrolls Report Due Friday as Markets Eye Labor Market Resilience
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