Monthly Non-Farm Payrolls

Septembers Non-Farm Payrolls Unemployment report is the change in the number of employed people during the previous month, excluding the farming industry.  This number is an important economic indicator of consumer spending, which accounts for our overall economic activity.  The number was forecast to come in at 1,000, but the actual headline number disappointed by coming in at -95,000.  The headline number was worse than the revised number of -57,000 from the prior month.