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September Jobs Prints Much Higher, Rattles the Bond Market and Risks Inflation

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September Jobs Prints Much Higher, Rattles the Bond Market and Risks Inflation
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J.G. Collins
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Commentary

This morning’s jobs numbers stunned the markets, printing at 336,000 new jobs across a wide category of employment, against consensus market expectations of 170,000. Revisions also stunned, adding another net 139,000 more jobs for July and August. The unemployment rate printed at 3.8 percent.

J.G. Collins
J.G. Collins
Author
J.G. Collins is managing director of the Stuyvesant Square Consultancy, a strategic advisory, market survey, and consulting firm in New York. His writings on economics, trade, politics, and public policy have appeared in Forbes, the New York Post, Crain’s New York Business, The Hill, The American Conservative, and other publications.
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