Hot News: Unemployment Rates Dips Back to 3.9%, but Wage Growth Is Tame

Today's release of the September employment report , released this morning, shows that the unemployment rate fell back to 3.9%, but wage growth was tame. The data is the most important economic indicator this month.

Given that the economy has been showing signs of a slowdown, today's report is not likely to have too much of an impact on the market.

TheStreet.com wrote a separate story previewing the report, looking at the pace of jobs growth and interpreting what the data means for the economy.

Economic Data

Nonfarm payrolls for September. Source: Labor Department. Actual: 252,000. Forecast: +232,000. Previous: -105,000.

Average hourly earnings for September. Source: Labor Department. Actual: +0.2%. Forecast: +0.3%. Previous: +0.3%.

Unemployment rate for September. Source: Labor Department. Actual: 3.9%. Forecast: 4.1%. Previous: 4.1%.

Pool of available workers for September. Source: Labor Department. Actual: 9.83M. Forecast: N/A. Previous: 10.042M.

Forecasts are from Reuters. For a longer-term economic calendar and more, see TSC's Economic Databank.