Goldman Sachs preview of the US nonfarm payroll (NFP) report due Friday, 6 January 2023 | Forexlive
US jobs data is due at 0830 New York time.
Earlier:
Snippet from Goldman Sachs, estimates:
- headline nonfarm payrolls +225k
- unemployment rate unchanged at 3.7%
- 0.35% increase in average hourly earnings
- year-on-year rate to 4.95%
JP Morgan take a wider look:
- payroll growth to slow to an average of about 60K per month in Q1 2023
- turning negative in Q3 this year
- peak-to-trough job losses of over 1 million workers through 2Q24 as the US economy slips into a mild recession
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This
snapshot from the ForexLive economic data calendar, access
it here. -
The
times in the left-most column are GMT. -
The
numbers in the right-most column are the ‘prior’ (previous
month/quarter as the case may be) result. The number in the column
next to that, where there is a number, is the consensus median
expected.