Analysts at the US investment banking giant, Goldman Sachs, provide a brief preview on what to expect from Friday’s critical US labor market report due to be released at 1230 GMT.
Key Quotes:
“Estimating nonfarm payrolls increased 150k in September.
Forecast for the unemployment rate 3.6%.
Average hourly earnings 0.2% m/m and 3.2% y/y.
Employment surveys weakened further on net, their levels are still consistent with above-potential job growth.”
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