There are only two more employment reports before the congressional elections. One of them is coming Friday.
Wall Street is guessing that 180,000 new jobs were created in September, although that number might go up because of a private report that came out Wednesday.
The financial community also thinks that the unemployment rate will decline to 3.8 percent from the 3.9 percent recorded in August.
At 180,000, the level of job growth predicted for September would be acceptable but nothing that will send people cheering in the streets.
In August, the Labor Department announced that 201,000 jobs had been created, so the “experts” are predicting a slight pullback in September.
Optimists were given some hope yesterday when ADP and Moody’s Analytics announced that private companies added 230,000 jobs to their payrolls in September.


