September jobs report likely to show hiring cooled but remained healthy

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September jobs report likely to show hiring cooled but remained healthy
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The Labor Department will release the September jobs report on Friday morning, which is expected to show that hiring slowed but remained healthy last month.

Fitz-Gerald Group principal Keith Fitz-Gerald and Sarge986 president Stephen Guilfoyle discuss the stock market's volatile reaction to the Fed's rate hike on"The Claman Countdown."

U.S. job growth in September likely cooled from a frenzied pace earlier this year, but hiring probably remained solid despite growing headwinds from higher interest rates and scorching-hot inflation., which is projected to show that payrolls increased by 250,000 last month and that the unemployment rate held steady at 3.7%, according to a median estimate by Refinitiv economists.

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