Express

Preview: Initial Value of US Non-Farm Employment Benchmark Changes to be Announced Tonight at 22:00

Summary: According to reports, the annual initial value of the US non-farm employment benchmark changes (in thousands) will be announced tonight at 22:00 by the US Department of Labor, with a previous value of -59.8. This data is a revision of non-farm employment data from a period of time (usually the previous year), reflecting a more ...

According to reports, the annual initial value of the US non-farm employment benchmark changes (in thousands) will be announced tonight at 22:00 by the US Department of Labor, with a previous value of -59.8.

This data is a revision of non-farm employment data from a period of time (usually the previous year), reflecting a more accurate employment situation and having a significant impact on interest rate cut expectations. In August, Federal Reserve Chairman Powell has already yielded, with the market fully pricing in a rate cut by the Fed in September, attributing it to a weak labor market.

Last Update:

Tags:
Link: Preview: Initial Value of US Non-Farm Employment Benchmark Changes to be Announced Tonight at 22:00   [Copy]
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 3 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 7 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 10 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 14 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 16 days ago
  • You need to login to comment.