Payroll Growth Revised Down Again

Core Insights - The BLS revised its estimates for payroll gains in August and September, lowering them by a total of 33,000 [1] - The updated net payroll gains for September are now at 108,000, which is a decrease of 11,000 from the initial estimate of 119,000 [1] - August's employment drop was also revised, with an additional decline of 22,000, resulting in a total payroll decrease of 26,000 for that month [1]