News list for "Agricultural employment"
Federal Reserve Goolsby: This is a solid non-farm payrolls report.
After the January quarter adjustment in the United States, the non-farm employment population 143,000, and the expected 170,000, and the previous value was revised from 256,000 to 307,000.
The final value (not seasonally adjusted) of the benchmark change in non-farm payrolls in the United States in 2024 - 598,000, the previous value - 818,000.
The non-farm payrolls in the United States recorded 143,000 after the January quarterly adjustment, which was significantly lower than the 170,000 level expected by the market and the lowest level since October last year. The unemployment rate in January recorded 4.0%, the lowest since May last year, and the market expectation was 4.1% unchanged.
Andrew Taylor, head of trading at JPMorgan Chase, said the US non-farm payrolls data needed to remain within a reasonable range to support continued gains in the stock market. Specifically, if the number of new jobs is less than 150,000 or more than 230,000, it will put pressure on the stock market. If the employment data is as low as 110,000, it could lead to a 1.5% drop in the S & P 500 index, which would reflect the accelerating impact of global trade concerns on the US economy. Excessive emp...
Deutsche Bank: + 130,000; Mizuho Securities: + 135,000; Comay Bank: + 140,000; HSBC Holdings: + 140,000; ING: + 140,000; Rheinbank: + 140,000; Morgan Stanley: + 140,000; Standard Chartered: + 140,000; Danske Bank: + 150,000; JPMorgan Chase: + 150,000; Moody's Analytics: + 150,000; ANZ: + 160,000; Scotiabank: + 160,000; BNP Paribas: + 170,000; Capital Economics: + 170,000; Deutsche Bank: + 170,000; Westpac: + 170,000; Barclays: + 175,000; TD Securities: + 175,000; Wells Fargo: + 185,000; Goldman ...
On February 7th, the US January non-farm payrolls report will be released at 21:30 Beijing time tonight. The US unemployment rate in January is expected to be 4.1%, and the US non-farm payrolls after the January quarterly adjustment are expected to be 170,000.
JPMorgan Chase said that in light of the latest non-farm payrolls data, the Federal Reserve is expected to make its next rate cut in June, compared to its previous forecast of March.
Following last December's shocking non-farm payrolls data, investors are now turning their attention to December CPI data, scheduled for release next Wednesday. Bank of America analysts Sarah House and Aubrey Woessner expect headline inflation to hit a five-month high of 2.9 percent in December, up from 2.7 percent in November. Core CPI growth is expected to remain at 3.3 percent for the fourth consecutive month, they said in a note. Inflation, they believe, "will stall this year as disinflation...
JPMorgan Chase: In light of the latest non-farm payrolls data (strong), the Federal Reserve is expected to make its next rate cut in June, compared to its previous forecast of March.
