Goldman Sachs looking for 600K headline Nonfarm payroll data result

US NFP data is due Friday 8 October 2021 at 1230 GMT. Earlier post: Goldman Sachs on what they expect: estimate nonfarm payrolls rose 600k in September unemployment rate to 5.1% Citing: we believe the nationwide expiration of enhanced unemployment benefits on September 5 boosted effective labor supply and job growth We are assuming a 200k boost in tomorrow’s numbers and a larger boost in October.  We also believe the reopening of schools contributed to September job growth, by around 150k Invest in yourself. See our forex education hub.

Goldman Sachs looking for 600K headline Nonfarm payroll data result

US NFP data is due Friday 8 October 2021 at 1230 GMT.

Earlier post:

Goldman Sachs on what they expect:

  • estimate nonfarm payrolls rose 600k in September
  • unemployment rate to 5.1%

Citing:

  • we believe the nationwide expiration of enhanced unemployment benefits on September 5 boosted effective labor supply and job growth
  • We are assuming a 200k boost in tomorrow’s numbers and a larger boost in October. 
  • We also believe the reopening of schools contributed to September job growth, by around 150k

Invest in yourself. See our forex education hub.