September non-farm payrolls +134K vs +185K expected

  Prior was +201K (revised to 254K) Estimates ranged from +125K to +245K Private payrolls 121K vs +180K expected Unemployment rate 3.7% vs 3.8% expected Prior unemployment rate 3.9% Participation rate 62.7% vs 62.7% prior Two-month net revision +87K Wages data: Average hourly earnings +0.3% vs +0.3% m/m expected Prior average hourly earnings +0.4% (revised to +0.3%) Average hourly…