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Nonfarm Payroll and Unemployment Rate Predictions [View All]

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Home » Discuss » Archives » General Discussion (Through 2005)

tritsofme

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Wed Oct-06-04 01:52 PM
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Nonfarm Payroll and Unemployment Rate Predictions

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Tomorrow morning at 7:30am CDT, the Bureau of Labor Statistics (BLS) will announce the number of payroll jobs created in September and the unemployment rate.

The Street expects that 153,000 jobs were created in September and that the unemployment rate held steady at 5.4%.

I am not very optimistic about this number, and I am predicting 50,000 jobs created and the UE rate steady at 5.4%.

Between the hurricanes and the spike in oil prices, I think this number is going to be bad.

What's your prediction?

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