US payrolls rebounded in September, according to the Labor Department’s delayed report. Nonfarm payrolls rose by 119,000, beating the Bloomberg consensus forecast of 53,000, while August payrolls were revised down to a small contraction of 4,000 from the previously reported gain of 22,000. Job gains continue to be concentrated in a few industries, with healthcare & social assistance, and leisure & hospitality adding 87% of the jobs in September.

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Existing home sales post small October gain, but the supply of homes for sale is falling. Sales of previously owned homes in October rose 1.2% from September to 4.1 million units on a seasonally adjusted, annualized basis, according to the National Association of Realtors. Sales rose 1.7% year over year.

Manufacturing activity weakened in November for the Philly Fed region, according to survey data. “The current general activity index rose but remained negative, while the new orders and shipments indexes both turned negative,” the regional Fed bank reports.

New US jobless claim applications fell last week, remaining within a range that’s considered healthy. New filings for unemployment benefits fell by 8,000 from the previous week to 220,000 for the week ending Nov. 15, the Labor Department reported. Data for the weeks covering the government shutdown also remained in the same range of recent years, falling between 200,000 and 250,000.

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