US NFP Preview: Headline payrolls to rise by 225K in December

Analysts at Goldman Sachs offer their expectations on the first US Nonfarm Payrolls data release of 2023. The data is for December month and is due to be published at 1330 GMT on Friday.

Key quotes

Headline nonfarm payrolls +225k.

Unemployment rate unchanged at 3.7%.

0.35% increase in average hourly earnings.

Year-on-year rate to 4.95%.