September payrolls rose by just 29,000, below the 90,000 consensus. Downward revisions removed a combined 60,000 jobs from July and August. Unemployment increased to 4.2%, while annual wage growth eased to 3.0%. Slower hiring and weaker pay pressures support the case for leaving rates unchanged in October. The US labor market is losing momentum, as […]The post US: Softer Jobs Data Strengthen the Case for a Fed Pause appeared first on ActionForex.