🚀 US Non-Farm Employment Numbers Revised Downward for June and July
#US #NonFarmEmployment #JobStatistics #LaborMarket #EmploymentNumbers #EconomicData
According to BlockBeats, the U.S. Bureau of Labor Statistics has revised the non-farm employment numbers for June and July. The June non-farm employment increase has been adjusted from 179,000 to 118,000, while the July figures have been revised from 114,000 to 89,000. These revisions indicate a combined decrease of 86,000 jobs for the two months compared to the initial estimates.#US #NonFarmEmployment #JobStatistics #LaborMarket #EmploymentNumbers #EconomicData
🚀 Key US Economic Events to Watch Next Week
#USEconomy #FederalReserve #EconomicEvents #PMI #EmploymentNumbers #NonFarmPayrolls #JoblessClaims #EconomicHealth #FOMC #InclusiveEconomics
According to BlockBeats, several significant economic events are scheduled for next week in the United States, which could provide crucial insights into the country's economic health. Here are the key events to watch for:
On Tuesday at 01:00 UTC+8, Federal Reserve Chairman Jerome Powell will deliver a speech at the National Association for Business Economics. Later that day, at 22:00 UTC+8, the ISM Manufacturing PMI for September will be released. At 23:00 UTC+8, 2024 FOMC voting member and Atlanta Fed President Raphael Bostic, along with Federal Reserve Governor Lisa Cook, will co-host a meeting.
On Wednesday at 06:15 UTC+8, Bostic, Richmond Fed President Thomas Barkin, and 2025 FOMC voting member Susan Collins will participate in a panel discussion. At 20:15 UTC+8, the ADP employment numbers for September will be announced. Following this, at 21:00 UTC+8, Cleveland Fed President Loretta Mester, a 2024 FOMC voting member, will give a speech. At 22:05 UTC+8, St. Louis Fed President James Bullard, a 2025 FOMC voting member, will deliver opening remarks at an event. At 23:00 UTC+8, Federal Reserve Governor Michelle Bowman will also speak.
On Thursday at 20:30 UTC+8, the initial jobless claims for the week ending September 28 will be released. Later, at 22:40 UTC+8, Minneapolis Fed President Neel Kashkari and Atlanta Fed President Raphael Bostic will engage in a fireside chat on inclusive economics.
On Friday at 20:30 UTC+8, the non-farm payrolls for September will be published, followed by the unemployment rate for September. At 21:00 UTC+8, New York Fed President John Williams, a permanent FOMC voting member, will deliver opening remarks at a New York Fed event.#USEconomy #FederalReserve #EconomicEvents #PMI #EmploymentNumbers #NonFarmPayrolls #JoblessClaims #EconomicHealth #FOMC #InclusiveEconomics
🚀 October Nonfarm Payroll Data Expected To Reflect Strikes And Hurricanes Impact
#OctoberNonfarmPayroll #FederalReserve #Inflation #MaximumEmployment #CitiGroup #BoeingStrike #Hurricanes #USeconomy #EmploymentNumbers #UnemploymentRate
According to BlockBeats, on November 1, the Federal Reserve has not yet declared victory in its fight against inflation, but policymakers have shifted some focus to the maximum employment aspect of their dual mandate. Citigroup economist Veronica Clark stated in a recent report that the October nonfarm payroll data will be crucial in confirming or denying the strength seen in September's data. However, it may not be sufficient to shift market attention back to the risk of a U.S. economic recession. The October data is expected to reflect the ongoing Boeing strike and the impact of hurricanes. Clark estimates these factors will reduce employment numbers by 70,000 to 80,000. Citigroup's outlook on the nonfarm payroll data is more moderate than the general consensus, predicting an increase of 90,000 jobs and a slight rise in the unemployment rate to 4.23%. Additionally, Citigroup noted that any downward revisions to the September data could be more significant than usual.#OctoberNonfarmPayroll #FederalReserve #Inflation #MaximumEmployment #CitiGroup #BoeingStrike #Hurricanes #USeconomy #EmploymentNumbers #UnemploymentRate
🚀 U.S. December ADP Employment Data And Jobless Claims To Be Released
#USEmployment #ADP #JoblessClaims #FederalReserve #EconomicData #EmploymentNumbers
According to BlockBeats, the U.S. December ADP employment figures are set to be announced tonight at 21:15 UTC+8. The expected increase in employment is projected to decline slightly to 140,000. Additionally, the U.S. weekly initial jobless claims data will be released earlier than usual at 21:30 UTC+8. Recent job vacancy and PMI data have led traders to reconsider the likelihood of a Federal Reserve rate cut before July.#USEmployment #ADP #JoblessClaims #FederalReserve #EconomicData #EmploymentNumbers