emotional pfp
emotional
@lv5
BNP Paribas analyst Andrew Hesby said that there may be a rebound in US employment in November, but the non farm payroll report may only be ambiguous and sufficient to sustain the Federal Reserve's decision to cut interest rates in December. It is predicted that the number of new jobs will reach 225000, higher than the unanimous expectation of 214000 in the Wall Street Journal survey. Hesby predicts that the number of 12000 new jobs added in October, which were suppressed by hurricanes and Boeing strikes, will be revised. The uncertainty before the US election may have also to some extent suppressed the recruitment activities in October. Hesby added that the severe weather may have also limited the labor force participation rate in October, and the rebound in November could raise the unemployment rate from 4.1% to 4.2%. @ygpddp
0 reply
0 recast
0 reaction