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

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

(Bloomberg) -- Nonfarm payrolls seen at +172k in Sept. vs +151k in Aug. (forecast range +125k to +220k), data based on survey of employers; click here for research roundup indicating economists see payrolls picking up in Sept.
  • Today’s report “will help to frame the economic outlook through the remaining presidential debates”: Bloomberg Intelligence
  • Average hourly earnings est. +0.3% m/m in Sept. vs +0.1% in Aug. (forecast range +0.2% to +0.3%)
  • Unemployment rate seen at 4.9% in Sept., same as Aug.; based on survey of households (forecast range 4.7% to 4.9%)
    • Unemployment rate has been below 5% since May
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Topics
First Word Agriculture

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