Note

Goldman Sachs preview of the US nonfarm payroll report due Friday

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Some expectations via GS for the NFP that is due on Friday, after Thursday's holiday.

For the headline:
increase of 175k in June (GS note: somewhat above consensus of +162k)
unemployment rate  3.7% (vs. consensus 3.6%) - GS citing rise in continuing claims
average hourly earnings +0.4% m/m in June (consensus +0.3%), and+3.2% y/y (consensus +3.2%)
 
Earlier:
 

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