Saturday, September 1, 2012

August US Nonfarm Payrolls outlook report 9/7/2012

August US Nonfarm Payrolls outlook report 9/7/2012, Nonfarm Payrolls forecast august 2012 : Friday brings the August nonfarm payrolls report. Bernanke’s Friday comment about the “stagnation of the labor market” makes the jobs report significant. The July data showed 163,000 new jobs were created and market participants will watch to see if that sort of growth is maintained. Analysts surveyed by MarketWatch call for August payrolls to have risen by 120,000 and the unemployment rate to tick down to 8.2%.

“If there is a big miss to the downside, the market will aggressively price in a large QE for the Sept. 13 FOMC (Federal Open Market Committee) meeting. If the data is better than expected, the market will slowly price out the QE3,

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