August's U.S. Non-Farm Payrolls Anticipated to Maintain Sluggish Trend, with Unemployment Rate Potentially Reaching Highest Point Since 2021
1 week ago / Read about 0 minute
Author:小编   

Economists are forecasting that the U.S. non-farm payrolls report for August, slated for release this Friday, will reveal a continuation of the feeblest job growth witnessed since the onset of the pandemic. This could effectively dispel any lingering doubts about the Federal Reserve's decision to cut interest rates. Based on a survey conducted by Bloomberg, the consensus among economists is that non-farm payrolls will see an increase of 75,000 jobs in August. This would mark the fourth straight month where job growth has remained below the 100,000 threshold. Concurrently, the unemployment rate is projected to climb to 4.3%, a level not seen since 2021.

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