Quick review of the US September non-farm payroll report

In September, the non-farm payrolls in the United States increased by 254,000, the largest increase since March, far exceeding the expected 150,000. The previous value was revised from 142,000 to 159,000. The unexpected unemployment rate in the United States in September dropped to 4.1%, with an expectation of 4.2% and a previous value of 4.2%. The employment report may alleviate concerns in the market about the US job market cooling too quickly, and may increase the likelihood of Federal Reserve policymakers cutting interest rates by 25 basis points next month, after a significant rate cut at the September meeting