The U.S. Department of Labor's non-farm payroll report released on Friday showed that the U.S. added only 29,000 jobs in September, significantly below market expectations of 90,000 and the revised 133,000 in August. Meanwhile, the unemployment rate rose from 4.1% in August to 4.2%, higher than the expected 4.1%. The weak employment data may provide room for the Federal Reserve to keep interest rates unchanged at its policy meeting later this month, despite inflation remaining high. Before the report's release, market expectations for another Fed rate hike this month had already fallen to 23%.