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Goldman Sachs estimate +149K for US non-farm payrolls

Goldman Sachs forecasts for the US jobs market data due Friday, 1 September 2023:We estimate nonfarm payrolls rose by 149k in Augustour forecast embeds a 26k one-time drag from thee combination of Hollywood worker strikes (-18k) and Yellow trucking layoffs (-8k)We estimate that the unemployment rate was unchanged at 3.5%, in line with consensusreflecting a modest rise in household employment and unchanged labor force participation (at 62.6%)More here:Non-farm payrolls preview: Why August jobs ar... Read More

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Goldman

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149k

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Farm

Payrolls

Non farm

Forex

Posted: Sep 1 2023, 03:12

Author Name: forexlive

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