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


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

and S&P 500

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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