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Non-Farm payroll (NFP) preview

Started by forex4you, Sep 02, 2022, 05:54 am

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Non-Farm payroll (NFP) preview

<p>Earlier previews here:</p><ul><li><a href="https://www.forexlive.com/news/preview-august-non-farm-payrolls-by-the-numbers-and-why-its-likely-to-disappoint-20220901/" target="_blank" data-article-link="true">Preview: August non-farm payrolls by the numbers (and why it's likely to disappoint)</a></li><li><a href="https://www.forexlive.com/news/us-non-farm-payrolls-data-dur-friday-goldman-sachs-estimates-20220901/" target="_blank" data-article-link="true">US non-farm payrolls data due Friday - Goldman Sachs' estimates</a></li></ul><p>Via Soc Gen:</p><ul><li>We project a 300K increase for August non-farm jobs. </li><li>A gain near our forecast of 300K implies either a return of workers back into the workforce or further declines in the unemployment rate.</li><li> We look for the unemployment rate to hold steady at 3.5%. </li><li>The return of workers should lift the labour force participation rate from the 62.1 level posted for July.</li></ul><p>__</p><p>ICYMI:</p>

This article was written by Eamonn Sheridan at www.forexlive.com.

Source: Non-Farm payroll (NFP) preview

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