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Economic Report: U.S. adds 263,000 jobs in September, but smallest gain in 17 months won’t stop Fed rate hikes

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The U.S. is forecast to add 275,000 new jobs in September, according to economists polled by The Wall Street Journal. The unemployment rate is expected to stay a 3.7%. Wages are predicted to rise 0.3% and put the increase over the past 12 months at 5%. 

The report will be released at 8:30 a.m. Eastern by the Bureau of Labor Statistics.

In premarket action, the Dow Jones Industrial Average
DJIA,
-1.15%

and S&P 500
SPX,
-1.02%

were set to open mixed in Friday trades. The yield on the 10-year Treasury note BX:TMUBMUSD10Y edged up to 3.84%.

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