U.S. Labor Market Stalls: What the September 2025 Employment Report Means for the Dollar and Forex Traders
The latest Employment Situation Summary for September 2025 is finally out—six weeks late due to the U.S. federal government shutdown—and the data paints a picture of a U.S. economy that’s slowing, cooling, and showing signs of strain. For anyone involved in Forex Trading, especially Forex Trading for Beginners, this report is crucial. Weak or stagnant labor data can move major currency pairs like EUR/USD, USD/JPY, and GBP/USD within minutes.
At GME Academy (Global Markets Eruditio), we always emphasize this: The jobs report is one of the most powerful indicators affecting the U.S. Dollar. And this month’s numbers? They carry weight.
Shutdown Distortion: A Technical Twist Forex Traders Must Note
Due to the federal government shutdown:
The report was delayed by 6 weeks
Data collection was partly disrupted
No October jobs report will be released
November’s report will have extended collection periods
Why this matters
With no October Employment Situation report, traders lose one full month of labor-market insight. This creates:
Higher volatility
More uncertainty
A larger impact on the November report
Expect markets—especially USD/CAD, USD/JPY, and EUR/USD—to react strongly to any early signs of weakness or surprise strength.
Household Survey: More Americans Feeling the Pressure
Unemployment Rate: 4.4%
Up from 4.1% a year earlier
7.6 million unemployed people
Groups Showing Notable Changes
Adult women: 4.2% (up)
Asians: 4.4% (up)
Others showed little or no change
Long-Term Unemployed: 1.8 million
A sizable portion of unemployed workers remain stuck for 27 weeks or more—often a sign of deeper economic weakness.
Labor Force Participation: 62.4%
Barely changed; still far from pre-pandemic highs.
Wages: Slowing But Still Rising
Average hourly earnings rose 0.2% in September and 3.8% year-on-year.
This is moderate—not alarming, not impressive.
For Forex, slower wage growth can mean:
Lower inflation pressure
Lower probability of future rate hikes
A softer USD over time
Why Filipino Traders Should Care
Filipino Forex traders—whether OFWs, employees, or small investors—need to watch U.S. labor data because:
The U.S. Dollar is the world’s most traded currency
Weaker U.S. data can strengthen other currencies
This affects remittances, imports, and everyday living costs
For example:
A weaker USD/PHP means cheaper oil and possibly lower local prices
A stronger USD means more expensive imports and higher inflation risk
Understanding the U.S. job market helps you anticipate these moves.
Want to Understand How Jobs Data Moves the Dollar?
Reports like these shape Forex markets more than any other indicator. If you want to learn how to analyze economic news, spot opportunities in EUR/USD or USD/JPY, and trade more confidently…
Join our FREE GME Academy Forex Workshop
We’ll teach you how to read these reports like a pro—no experience needed.
