Preview: Why August non-farm payrolls frequently disappoint ...Middle East

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Preview: Why August non-farm payrolls frequently disappoint
source : forex live ( Middle East ) () 28
Consensus estimate +160K versus +175K prior (range +100K to +246K)July was +114K Private consensus +139K versus +148K priorUnemployment rate consensus estimate 4.2% versus 4.3% priorPrior participation rate 62.6%Prior underemployment U6 7.8% vAvg hourly earnings y/y exp +3.7% versus +3.7% priorAvg hourly earnings m/m exp +0.3% versus +0.3% priorAvg weekly hours exp 34.3 versus 34.2 priorNumbers released so far this month:ADP report +99K versus +122K prior -- this was a three-and-a-half year lowISM services employment 50.2

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