September Jobs Data Clears One Cloud, But the Forecast Stays Gray and Unclear
11/20/2025
The September jobs report beat expectations with 119,000 new jobs, but a five-month average of only 39,000 and unemployment rising to 4.4% confirm a cooling labor market; markets likely to remain range-bound as municipal investors signal hunt amid delayed economic data until mid-December.
New Hampshire’s Business Finance Authority approved, this week, a $100 million Bitcoin-backed conduit bond, marking the first deal of its kind.