After the longest shutdown in history, it’s finally here…
The September Jobs report was released on Thursday, after being delayed by the 44-day government shutdown. According to the report, the U.S. economy added 119,000 jobs in September, more than double the Dow Jones estimate of 50,000.
That marks a sharp turnaround from August, when 4,000 jobs were lost after revisions.
“Despite the fact that today’s jobs report is very backward-looking, it’s making markets move,” said Seema Shah, chief global strategist at Principal Asset Management. “Equities like the fact that payrolls were stronger than expected, suggesting the economy is still on a firm footing, while the bond market likes the rise in unemployment and slowdown in wage growth, which may keep the case for a December Fed cut just about alive.”
Watch reactions to the jobs report below:
.@MariaBartiromo: "To me, this looks like a very strong report."@StephenMoore: "I agree… We're seeing huge investment numbers… we have great consumer spending numbers… I am very happy about this report, and I think investors should be, too." pic.twitter.com/2M1qJ2EQTL
— Rapid Response 47 (@RapidResponse47) November 20, 2025
.@MarkTepperSWP: "Not only is the consumer still spending, the consumer is paying their bills on time. When you look at credit card delinquencies, they're at only 1.3% — and they're ticking lower… We're in a good situation." pic.twitter.com/nHVwhI5z65
— Rapid Response 47 (@RapidResponse47) November 20, 2025