US: NFP to rise by 575,000 in September– JP Morgan
|Analysts at JP Morgan paint a bullish picture of the US labor market, expecting the economy to have added 575,000 jobs last month.
Key quotes
“We are looking for a 575,000 gain in jobs.”
“Expect a drop in the US unemployment rate to 5%.”
“The driver for an above-consensus forecast is the expected rebound in the leisure and hospitality sectors.”
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