US Non-Farm Payroll report showed 136k job growth in September, slightly below expectation of 140k. Job growth has averaged 161,000 per month thus far in 2019, compared with an average monthly gain of 223,000 in 2018. Unemployment rate dropped to 3.5%, down from 3.7% and beat expectation of 3.7%. That’s the lowest level since December 1969. The labor force participation rate held at 63.2%. Average hourly earnings rose 0.0% mom, missed expectation of 0.3% mom.
