US: All eyes on employment report – Danske Bank

Research Team at Danske Bank, suggests that in the US, the September jobs report is due out today after the employment growth slowed in August as expected after two months of very strong jobs growth.

Key Quotes

“This leaves average jobs growth over the summer at a solid 230,000 per month. However, one has to take into account that this strong growth came after a very weak spring. In September, signals on employment growth were mixed. The report will provide important input for the Fed when deciding whether to hike this year - we think it will stay put.”