#USJobsData USJobsData
You mentioned the latest US jobs data again, Wall Street, that the labor market remains a strong force shaping interest rates, inflation expectations, and risk sentiment. According to the Bureau of Labor Statistics, 119,000 jobs were added in September 2025, a figure lower compared to previous months. At the same time, the unemployment rate rose to 4.4%, reaching its highest level in several months, indicating early signs of underlying cooling pressure.
Wage growth also declined. Hourly wages rose by 0.2% compared to the previous month, bringing annual wage growth close to 3.6%, a rate that alleviates immediate inflation concerns but still keeps the Federal Reserve cautious. Strong employment in healthcare and government helped offset weakness in manufacturing and retail, painting a picture of an economy that is changing rather than slowing dramatically.
Markets reacted with uncertainty. Treasury yields initially rose as traders recalibrated their expectations for future rate cuts, while stock futures moved sideways. Price-sensitive tech names lagged, and investors shifted toward defensive sectors until clearer signals emerged.
For ordinary Americans, steady job creation remains a positive sign, but rising unemployment shows that momentum is no longer one-sided. For traders, this report reinforces a simple reality: U.S. job data still has the power to move every major asset class in minutes.
In expectation-driven markets, even small shifts in the labor market can change the narrative entirely.
