09/28/2017 Toby Dayton

August Non-Farm Payrolls A Surprise To Some But Not All

Before posting our NFP forecast for September, I thought we should post the numbers for August. While some might expect an upward revision to August’s jobs numbers either next week or in November, we are sticking with our initial forecast of a net gain of 135,000 jobs in August. If anything, the BLS will revise downward its numbers for August in its 30 or 60-day revision.

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