September Jobs Report

#Jobs — Second month in a row below expectations, lowest increase of the year

Gain of +194,000 non-farm payroll jobs, vs. expected gain of 500K.
Unemployment at 4.8%, down by 0.4
U6 unemployment at 8.5%, down by 0.3
Labor force participation 61.6%, down by 0.1%
Average hourly earnings up 0.6% vs expected .4%

August jobs revised up by +131K to +366K
July jobs revised up by +38K to +1.091M