Several major banks have released their forecasts for the US August Non-Farm Payrolls (NFP) and unemployment rate. The median forecast for NFP is an increase of 55,000 jobs, with the unemployment rate expected to be 4.1%. The prior NFP figure was -23,000, with an unemployment rate of 4.09%.
Individual bank forecasts for NFP range from +16,000 (RBC) to +95,000 (TD Securities). Notable forecasts include Goldman Sachs and BofA at +40,000, JPMorgan and BNP Paribas at +50,000, and Morgan Stanley, Deutsche Bank, and UBS at +65,000.
Major Banks Forecast US August NFP Median at +55K, Unemployment Rate 4.1%
Source:X@DeItaone · Source Link
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