U.S. ECO PREVIEW: Employment Report Due in 5 Minutes
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Following are forecasts for today’s economic releases as compiled by Bloomberg News.
- Nonfarm Payrolls 80k; range -45k to 153k (83 estimates)
- Hurricanes will rattle today’s data. "The pace of hiring, hours worked and average hourly earnings are all vulnerable, so outlying results will be viewed skeptically by analysts. The BLS has already issued a warning that the data will be affected but is also cautioning that it will not be able to quantify the magnitude of the storm impact": Bloomberg Intelligence
- In August, payroll growth slowed to 156,000
- Private Payrolls 75k; range -25k to 150k (39 estimates)
- Manu Payrolls 10k; range -10k to 20k (20 estimates)
- Unemploy Rate 4.4%; range 4.3% to 4.6% (79 estimates)
- Hourly Earn 0.3% m/m; range 0.1% to 0.4% (60 estimates)
- Hourly Earn 2.6% y/y; range 2.5% to 2.7% (32 estimates)
- Avg. Weekly Hours 34.4; range 34.2 to 34.5 (30 estimates)
- Labor Force Part 62.9%; range 62.9% to 62.9% (3 estimates)
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283