Previews for the August NFP posted on ForexLive already are here:
- Preview: Why the August non-farm payrolls report is likely to surprise
- Preview from Goldman Sachs on non-farm payrolls
- (this from UBS) Friday is NFP day in the US - preview
Plenty to chew on with those 3 already, but if you just want the numbers ... here are analyst forecasts (consensus median expectations), ranges of forecasts, and the July results:
Non-farm Payrolls 'headline' number:
- expected +180k
- range of forecasts cover 144k to 211k
- July was +180k
Unemployment Rate:
- expected 4.3%
- range of forecasts 4.2% - 4.5%
- July was 4.3%
Average Earnings m/m:
- expected 0.2%
- range 0.1% - 0.3%,
- prior 0.3%
Average Earnings y/y:
- expected 2.6%
- range is 2.5% - 2.7%
- prior 2.5%
Average Workweek Hours:
- expected 34.5hrs
- range 34.4 - 34.5
- prior 34.5
Private Payrolls:
- expected +179k
- range +140k to +200k
- prior +205k
U6 Unemployment Rate:
- There are no forecasts, prior was 8.6%
Participation rate:
- Again, there are no forecasts, prior was 62.9%
