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Most major estimates put September payroll growth above 40,000, so a reported gain exceeding the threshold is likely.
The evidence mostly points to a September gain above 40,000. Major estimates remain above the threshold, while private payroll measures and low jobless claims indicate continued hiring. Falling postings, weak hiring plans, two recent sub-threshold months, and temporary contributors to August’s surge leave meaningful downside risk and could drive sharp pre-release reassessment.
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