NFP: Payrolls likely to have continued to lose steam in October – TDS – by MSalordFX NFP Banks
“We expect payrolls to have continued to lose steam in October , reflecting modest deceleration vs the 263K print registered in September. We look for October's deceleration in job creation to also be reflected in a jump in the unemployment rate to 3.7% following its new drop to 3.5% in September. We are also forecasting wage growth to accelerate to 0.4% m/m, but to slow to 4.7% on a y/y basis.”is likely not enough to justify major upside pressure.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Enhanced risk of severe weather in North Texas Friday, including possible hail, tornadoesThe chances of seeing severe weather in the Dallas-Fort Worth area on Friday are growing, that includes high winds, hail, and possibly tornadoes.
Read more »
Bryan Fuller Wants His Friday the 13th Show to Go to SpaceNew Peacock series Crystal Lake probably won't—but its creator says anything from the franchise is on the table.
Read more »
A national bus driver shortage is upending Texas’ beloved Friday night high school football gamesThere’s a nationwide bus driver shortage. In Tyler, the school district’s communication team ran a targeted recruitment campaign last year, putting slogans like “Parents Do This for Free; We’ll Pay You’” on the sides of buses.
Read more »
Walmart Black Friday 2022 deals unveiled for first saleWalmart has released details about its first Black Friday 2022 sale with deals on televisions and toys.
Read more »
Cold front will bring a risk of severe weather to San Antonio on Friday nightThe primary concern is wind and possible large hail and an isolated tornado.
Read more »
Upgraded risk for severe weather Friday includes DFW and Central TexasThe threat for severe storms from Dallas to North Austin is increasing with all forms of severe weather expected Friday afternoon and evening.
Read more »