Analysts at Nomura expect a steady 210k gain in US June nonfarm payroll employment, consistent with the solid acceleration in activity during Q2, with a 205k gain from the private sector and 5k from the government. Key Quotes “Labor market indicators including business surveys and initial jobless claims remain consistent with continued labor market strength. For average hourly earnings (AHE), we expect a trend-like 0.2% m-o-m increase as payback from an unusual increase in financial activity worker AHE offsets a positive calendar effect.” “Finally, with the unemployment rate at a very low 3.8% (3.75%) in May, we believe it will decline further in June to 3.7%. Continuing jobless claims have fallen sharply over the inter-survey period, consistent with a steady flow of workers from unemployment to employment.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next When is the US jobs report and how could it affect EUR/USD? FX Street 3 years Analysts at Nomura expect a steady 210k gain in US June nonfarm payroll employment, consistent with the solid acceleration in activity during Q2, with a 205k gain from the private sector and 5k from the government. Key Quotes "Labor market indicators including business surveys and initial jobless claims remain consistent with continued labor market strength. For average hourly earnings (AHE), we expect a trend-like 0.2% m-o-m increase as payback from an unusual increase in financial activity worker AHE offsets a positive calendar effect." "Finally, with the unemployment rate at a very low 3.8% (3.75%) in May, we believe it will… Top Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
