Barclays looking for a 125K nonfarm payroll headline ...Middle East

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Barclays: What We Expect from the US October Jobs Report on FridaySynopsis:Barclays forecasts a deceleration in October's nonfarm payrolls to 125k, down from September's 254k, with employment impacted by the Boeing strike and recent hurricanes. Wage growth is expected to remain steady, while the unemployment rate may tick up due to temporary disruptions.Key Points:Nonfarm payrolls projected to rise by 125k, with private payrolls increasing by 100k as labor disruptions impact the data.Average hourly earnings growth anticipated at 0.4% m/m (4.1% y/y), with the workweek expected to decline slightly to 34.1 hours.Unemployment rate forecasted to increase to 4.2%, partly due to temporary effects f

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Barclays looking for a 125K nonfarm payroll headline ...Middle East

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