Recent private data analysis shows that, despite the U.S. government being in a shutdown, the September non-farm payroll report still presents positive signs. The data indicates that 60,000 new jobs were created, a figure considered to be the best performance since 2025.

This unexpected job growth has not only alleviated market concerns about a potential downturn in the labor market but may also have significant implications for the Federal Reserve's monetary policy. Analysts point out that strong employment data could increase the likelihood of a rate cut in October.

However, experts also warn that caution is needed when interpreting these data. A government shutdown may affect the data collection and analysis process, so further official statistics are needed to verify these preliminary results.

In addition, the resilience of the job market has sparked discussions about inflationary pressures. Some economists believe that sustained strong job growth could drive up wages, which would in turn affect price levels.

Overall, this employment report provides a new focal point for economic observers. Market participants will closely monitor economic indicators and comments from Federal Reserve officials in the coming weeks to better predict the direction of the economy and monetary policy.