US September Payrolls2nd October, 2020 2:30 pm
September non-farm payrolls number came in under expectations at +661k (mkt +850k). But the private payrolls number bettered at +877k vs. 850k mkt, while manufacturing payrolls also beat (+66k vs. +35k est) with a loss of 216k on the government side explaining the headline miss. There was a sizable upward revision to the jobs gained in August too.
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