#Jobs — Much higher than expected, countering the Fed’s belief that job market is softening. Plus large upward revisions of previous months.

Gain of +336,000 non-farm payroll jobs, vs. expected gain of 170K
Unemployment up 0.1 to 3.8%, vs expected 3.7%
U6 unemployment 7.0%, down by 0.1
Labor force participation at 62.8%, unchanged
Average hourly earnings up by 0.2%; 4.2% increase over the year, each 0.1 weaker than expected

July jobs revised up by +79K to +236K
August jobs revised up by +40K to +227K