Macro News – English
Key NFP expectations: jobs, wages, unemployment, revisions
- Average hourly earnings: expected at 3.7% y/y, down from 3.8% – Unemployment rate: expected to remain at 4.4% – Headline payrolls: expected around 60K – The unemployment rate is framed as especially important for the Federal Reserve because a higher reading could increase expectations for rate cuts, while a lower reading could reduce them.
Macro News – Urdu
Ahm NFP tawaqqaat
- Average hourly earnings 3.7% y/y expected hain (pehle 3.8%) – Unemployment rate 4.4% par rehne ka imkaan – Headline payrolls taqreeban 60K expected. Federal Reserve ke liye unemployment bohat important hai: zyada ho to rate cuts ke chances barhtay hain, kam ho to kam ho jate hain.
