Private payrolls plunge 32K in key September jobs report — as shutdown set to halt flow of government data
1. Private payrolls fell by 32,000 in September, shocking estimates. 2. Labor market weakness may prompt the Fed to cut interest rates again. 3. Government shutdown may delay key economic data releases. 4. Wage growth slowed significantly, raising concerns about the job market. 5. Hiring remains stalled due to economic uncertainty and trade tensions.