HALISTER1: U.S. ECO PREVIEW: Employment Report Due in 5 Minutes

U.S. ECO PREVIEW: Employment Report Due in 5 Minutes

(Bloomberg) -- Non-farm payrolls seen at +180k in Nov. vs +161k in Oct. (forecast range +140k to +250k); measures number of employees on payrolls; for preview, click here.
  • Unemployment rate seen at 4.9% in Nov., same as Oct. (forecast range 4.8% to 5%); tracks number of unemployed as percentage of labor force
  • Average hourly earnings est. +0.2% m/m in Nov. vs +0.4% in Oct. (forecast range +0.0% to +0.4%); tracks total hourly remuneration
    • “With the firming pace of economic output in the second half of the year, there is little reason to expect a significant deviation from the recent hiring trend”: Bloomberg Intelligence
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Topics
First Word Agriculture

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UUID: 7947283