August 04, 2022 - 12:31 PM 221 views
JP Morgan economists anticipate that the US Nonfarm Payrolls will be weaker than expected at 200K in the labour market report for July, which will be released at 12:30 GMT on Friday.
"On the margin," the labour market "appears to be slowing."
“We retain our assessment that a persistent increase in initial claims to 275K or above would signal a US recession is begun and expect US employment growth to drop to 200K in Friday's report.”
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