JPMorgan Chase said that in light of the latest non-farm payrolls data, the Federal Reserve is expected to make its next rate cut in June, compared to its previous forecast of March.
Following last December's shocking non-farm payrolls data, investors are now turning their attention to December CPI data, scheduled for release next Wednesday. Bank of America analysts Sarah House and Aubrey Woessner expect headline inflation to hit a five-month high of 2.9 percent in December, up from 2.7 percent in November. Core CPI growth is expected to remain at 3.3 percent for the fourth consecutive month, they said in a note. Inflation, they believe, "will stall this year as disinflation...
JPMorgan Chase: In light of the latest non-farm payrolls data (strong), the Federal Reserve is expected to make its next rate cut in June, compared to its previous forecast of March.
The number of non-farm payrolls in the United States increased by 256,000 in December, which is expected to increase by 165,000, and the previous value was an increase of 227,000.
The US non-farm payrolls report for December will be released at 21:30 Beijing time tonight. The U.S. unemployment rate is expected to be 4.2% in December, and the U.S. non-farm payrolls are expected to be 160,000 after the December quarterly adjustment.
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CITIC Securities pointed out that the number of new non-farm payrolls in the United States in November 2024 was slightly higher than expected. Healthcare services, leisure and hospitality sectors and government departments were the main contributors, and retail was the main drag. After the impact of hurricanes and strikes dissipated, the new non-farm payrolls in November rebounded as scheduled. The unemployment rate rose and the US job market weakened modestly, but wage growth remained solid and...
On December 7th, the much-watched US non-farm payrolls data for November this week was better than expected, but it was not hot enough to prevent the Federal Reserve from cutting interest rates again later this month. Markets have pushed the probability of a 25 basis point rate cut in December to around 90%. At the same time, more and more Federal Reserve officials are inclined to cut interest rates cautiously. US inflation data in the coming week is the only available...
After the November quarter adjustment, the non-farm employment population in the United States 227,000, and it is expected to 200,000, and the previous value was revised from 12,000 to 36,000.
On December 6th, the US Bureau of Labor Statistics: the number of new non-farm jobs in September was revised from 223,000 to 255,000; the number of new non-farm jobs in October was revised from 12,000 to 36,000. After the correction, the number of new jobs in September and October was 56,000 higher than before the revision.
U.S. Bureau of Labor Statistics: Nonfarm payrolls rose 227,000 in November, and the unemployment rate remained unchanged at 4.2 percent. Employment in industries such as health care, leisure and hospitality, government and social assistance was on the rise. Retail jobs declined.
According to the Bureau of Labor Statistics, total nonfarm payrolls rose by 227,000 in November, and the number of new jobs added in the previous month was revised up to 36,000. Employment increased by an average of 186,000 per month in the 12 months leading up to November.
The US non-farm employment population 227,000 after the November quarterly adjustment, and 200,000 is expected. The previous value was revised from 12,000 to 36,000. (Jin Ten)
Economists expect the November non-farm payrolls report to show that the U.S. created 200,000 jobs in November, while adding just 12,000 jobs in October due to distortions caused by two hurricanes and the Boeing strike. The unemployment rate is likely to rise slightly to 4.2% in November, compared to 4.1% in October. Meanwhile, average hourly earnings are expected to rise 3.9% in November, following a 4.0% increase in October. Powell said at an event this week that...
The latest summary of the distribution of non-farm payrolls and unemployment rates in the 50 states and the 1 special administrative region of the United States > >