Major miss on the jobs numbers for September.
Expected 203k
Actual 142k
July and August numbers revised down. Average hours worked down. No wage growth. Sept average hourly earnings down .04%. Factories shed 9k jobs. Mining and logging shed 12k.
350k more people dropped out of the work force. Labor participation rate down to 62.4%....a NEW 38 year low.
DOW futures went from + 80 to - 250.
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