US Adds 263,000 Jobs in Sept., Topping Estimates

The video discusses recent changes in nonfarm and private payrolls, highlighting that the numbers closely matched forecasts. The unemployment rate dropped to 3.5%, partly due to a slight decrease in the labor force participation rate. Average hourly earnings increased modestly, aligning with expectations. Revised figures for private payrolls indicate a weaker economic trend, which may suggest that the Federal Reserve's policies are beginning to take effect.

What was the labor force participation rate mentioned?

What was the revision in private payrolls from last month?