September’s jobs report, due out Friday morning, is expected to show that the US labor market has slowed somewhat but remains on solid footing.

The September jobs report will be pivotal for markets because it holds implications for future Fed interest rate policies.

Economists anticipate that nonfarm payrolls likely rose by 150,000 last month, based on the median forecast of estimates in a Bloomberg survey. That would be up from 142,000 in August and the most in four months.

The September jobs report showed U.S. employers added 254,000 jobs and yearly wage increases outpaced the inflation rate. CBS News senior business and technology correspondent Jo Ling Kent reports on how the report reflects on the U.