We forecast a 170,000 gain in non-farm payrolls in January, which would mark a slight acceleration from the recent average if we are right in assuming that there will be downward revision to past payrolls figures. Meanwhile, we think the unemployment rate ticked back up to 4.2%, while average hourly earnings growth fell to 3.8%.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.