A few brief excerpts from a note by Goldman Sachs economist Spencer Hill:
We estimate nonfarm payrolls rose 1.1mn in September, above consensus of +0.875mn. High-frequency labor market information indicates strong September job gains, and the second derivative improvement in the public-health situation suggests scope for a pickup in Sun Belt job growth. …
We estimate the unemployment rate declined by three tenths to 8.1%.
CR Note: The consensus is for 850 thousand jobs added, and for the unemployment rate to decrease to 8.2%.