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

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

(Bloomberg) -- Following are forecasts for today’s economic releases as compiled by Bloomberg News.
  • Nonfarm Payrolls 313k; range 120k to 400k (81 estimates)
  • Private Payrolls 302k; range 105k to 390k (36 estimates)
  • Manu Payrolls 15k; range 5k to 34k (19 estimates)
  • Unemploy Rate 4.2%; range 4.1% to 4.4% (80 estimates)
  • Hourly Earn 0.2% m/m; range -0.1% to 0.3% (58 estimates)
  • Hourly Earn 2.7% y/y; range 2.4% to 2.8% (30 estimates)
  • Avg. Weekly Hours 34.4; range 34.4 to 34.5 (28 estimates)
  • Labor Force Part 63.1%; range 63% to 63.1% (3 estimates)
    • “October’s ADP private employment growth will most certainly recover sharply from the hurricane impact, which weighed on private hiring in September”: Bloomberg Intelligence
    • September non-farm payrolls suffered a net loss of 33,000, the first decline since September 2010, reflecting major disruptions from hurricanes
To contact the reporters on this story: Alex Tanzi in Washington at atanzi@bloomberg.net; Vincent Del Giudice in Denver at vdelgiudice@bloomberg.net To contact the editors responsible for this story: Alex Tanzi at atanzi@bloomberg.net Kristy Scheuble

Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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