Nonfarm payrolls tracking, estimate 182k - Nomura

Ross J Burland FXStreet

Analysts at Nomura offered their October Private NonFarmPayrolls Tracking.

Key Quotes:

"182k The Conference Board’s labor market differential index declined to 2.2 in October from 5.3 (previously reported as 6.3) as fewer respondents reported that jobs are "plentiful."

This is still a decent reading and came in broadly in line with our assumption in our tracking model.

Thus, we left our private payrolls tracking estimate at 182k."

Author

Ross J Burland

FXStreet

Ross J Burland, born in England, UK, is a sportsman at heart. He played Rugby and Judo for his county, Kent and the South East of England Rugby team.

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