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Non-farm payrolls preview: Jobs report set to land in a fragile market

Non-farm payrolls preview: Jobs report set to land in a fragile market
Could this be a miss? Let's look at the numbers:Consensus estimate +170K (range +90-+256K)Private +160KAugust +187KUnemployment rate consensus estimate: 3.7% vs 3.8% priorParticipation rate consensus 62.8% priorPrior underemployment U6 prior 7.1%Avg hourly earnings y/y exp +% y/y vs +4.3% priorAvg hourly earnings m/m exp +0.3% vs +0.2% priorAvg weekly hours exp 34.4 vs 34.4 priorSeptember jobs so far:ADP report +89K vs 153K expected and +180K priorISM services employment 53.4 vs 54.7 priorISM ma... Read More
Posted: Oct 5 2023, 17:40
Author Name: forexlive
Views: 112268

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