Non-Farm Payroll (NFP) Predictions for July
Consensus: -75k
ADP: 9k
Last: -62k
Just like in May the ADP and consensus number diverged. Last time the consensus was closer. But does it really matter?
Will NFP continue to be such a big market mover, or will it being to take a back seat to inflation numbers?
To see how the market has reacted to the number vs expectation DailyFX.com has a writeup on the last three months of NFPs.
Labels: Employment Situation, NFP
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