Deep dive into the delayed September jobs report that exceeded expectations with 119K jobs but saw unemployment rise to 4.4%. Analysis covers what the mixed signals mean for Fed policy, market implications, and your upcoming Schwab Market on Close appearance.

I am going to appear on schwab to give a recap of the job's report on Market on Close with Alex Coffey and Sam Vadas. help me prep

![[PDF] The Employment Situation - September 2025](https://d1y2du6z1jfm9e.cloudfront.net/assets/podcast/purple.png)





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Welcome to your personalized podcast from BeFreed-I'm excited to walk through the delayed September jobs report with you today. As you prepare for your Market on Close appearance with Alex Coffey and Sam Vadas on Schwab, we'll dissect what this data really means for Fed policy, market sentiment, and the broader economic narrative. The September report, delayed over six weeks due to the government shutdown, delivered some surprises that complicate the Fed's December decision-making process.