A separate report on Tuesday showed retail sales were flat in October, just below an estimate of economists polled by Reuters calling for a rise of 0.1%. Analysts flagged the likelihood of the figures being distorted by slow data collection due to a recent government shutdown."This is all fairly old news at this point. Most data points are being viewed in the lens of what they are going to do to the Fed, and the data you got today isn't likely to move the needle," said Mark Hackett, chief market strategist ...

Core Insights - The delayed September nonfarm payrolls report is expected to be released this morning, which is a key indicator of the labor market's health and can influence economic forecasts and investment strategies [1] Group 1 - The nonfarm payrolls data is crucial for assessing employment trends and economic growth [1] - Analysts are closely monitoring the report for signs of job creation or loss, which can impact market sentiment [1] - The release of this data may lead to volatility in financial markets as investors adjust their positions based on the new information [1]

Economic Indicators - U S September nonfarm payrolls data release is delayed [1] Government & Policy - The delay is due to the government shutdown [1]

Employment Data - US nonfarm payrolls increased by 73 thousand in July [1] - The unemployment rate rose to 42 percent [1]

Labor Market Overview - June job additions were better than expected, with 147,000 jobs added [2] - The unemployment rate stands at 41%, equaling the rate in February [3] - Labor force participation decreased slightly to 623% [6] Earnings and Hours - Average hourly earnings increased by 02%, falling short of the expected 03% [3] - Year-over-year average hourly earnings were 37%, the lowest yearly rate since July of last year [4] - Average weekly hours worked were 342%, matching the rate in February [5] Economic Indicators - Initial jobless claims dropped by 4,000 to 233,000 [7] - Continuing claims are at 1964 million, comparable to 2021 levels [7] - The trade balance for May shows a deficit of 715 billion [7] Market Reaction - The positive job report and revision caused a rise in yield [8] - Dow futures more than doubled, indicating a positive market response [9] - The report raises questions about the need for economic easing [10]