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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.
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Link: Preview: Initial Value of US Non-Farm Employment Benchmark Changes to be Announced Tonight at 22:00 [Copy]