Locked and loaded for the January edition of non-farm payrolls: Signs of strength ...Middle East

In any case, the first week of February ends today with non-farm payrolls. The consensus is +170K in a decline from +256K in December but there are some indications of a stronger number.

That said, eyes will also be on benchmark revisions, which should cut 650-700K jobs from the 2024 numbers. In addition, changes to the birth-death model could lead to a move in the unemployment rate.

This article was written by Adam Button at www.forexlive.com.

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