Friday's US jobs report - JPM forecast NFP headline at 200K (says a recession is underway)

  • Nonfarm Payroll forecast from JP Mornag

The jobs report is due Friday at 1230 GMT.

JP Morgan is below consensus, saying the labor market “appears to be softening on the margin"

  • We expect US job growth to soften to 200K in Friday’s report and maintain our marker that a sustained rise in initial claims to 275K or higher would signal a US recession is underway
nfrp 04 August 2022
  • This snapshot from the ForexLive economic data calendar, access it here.
  • The times in the left-most column are GMT.
  • The numbers in the right-most column are the 'prior' (previous month/quarter as the case may be) result. The number in the column next to that, where is a number, is the consensus median expected.

Top Brokers

Sponsored

General Risk Warning