Home US NFP: Special focus on number of workers on furlough or temporary layoff – Goldman Sachs
FXStreet News

US NFP: Special focus on number of workers on furlough or temporary layoff – Goldman Sachs

Analysts at Goldman Sachs offer a sneak peek at what to expect from Friday’s US Non-Farm Payrolls data due on the cards at 1230 GMT.

Key quotes

“Headline is estimated at 7.25m.

Downward revisions to April payrolls are likely.

The unemployment rate to jump to 21.5%.

In interpreting tomorrow’s report, we will again pay special attention to the number and share of workers on furlough or temporary layoff.”

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.