Nonfarm payrolls preview: Don’t bet on the consensus

The consensus is for a tepid rise in payrolls, no doubt influence by Hurricane Sandy. Reuters’ average forecast is for 93K new jobs. Bloomberg’s an even more muted 86k.

The only thing I have to offer is that given the impact of Sandy, the number will probably be a mile away from consensus.

Best in 2026

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access