U.S. Adds 194,000 Jobs Last Month, Far Below Estimates

The video discusses the creation of 194,000 jobs in September and a significant drop in the unemployment rate to 4.8%. It highlights changes in labor market participation, with more people entering the workforce. The labor force participation rate remains largely unchanged at 61.6%. The video also covers the creation of 26,000 manufacturing jobs and an increase in average hourly earnings by 0.6%, exceeding forecasts. The underemployment rate, EU six, drops by 0.3% to 8.5%.

How much did average hourly earnings increase?

What was the underemployment rate reported?