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  • Ted September 2018
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August Employment Report Preview

FYI: Heading into Friday’s Non-Farm Payrolls (NFP) report for August, economists are expecting an increase in payrolls of 194K, which would be an increase from July’s weaker than expected reading of 157K. In the private sector, economists are also expecting an increase of 194K. The unemployment rate is expected to tick down to 3.8% from last month’s reading of 3.9%. Average hourly earnings are expected to grow at a rate of 0.2% versus 0.3% last month, so a stronger than expected reading here may not be greeted positively by the market. Finally, average weekly hours are expected to be unchanged at 34.5
Regards,
Ted
https://www.bespokepremium.com/big-tips/august-employment-report-preview-3/
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