This via Nomura on the December NFP, in summary:
Indicators of labor demand remain strong but beware of weather effects in coming months
forecast 200k
- employment components of the latest regional surveys and initial claims data suggest labor demand remains strong
- With temperatures returning to a normal seasonal range, construction employment likely rebounded
- we expect some payback from a softer-than-expected 155k NFP gain in November
0.3% m/m average hourly earnings
- 3.0% y/y
unemployment rate 3.6%
Altogether, we expect the December employment report to remind markets that the US growth outlook remains stable despite financial market volatility
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Earlier:
- Preview of the US NFP figures due Friday, and what to expect for FX
- US nonfarm payroll preview
- Goldman Sachs nonfarm payrolls preview
- December 2018 nonfarm payrolls preview: By the numbers
Also, from Canada at the same time: