Non-farm payrolls: August data competition
It's that time of the month again, when market participants around the world gather for just-for-fun guessing games of the monthy US non-farm payrolls number. The US employment statistic is, of course, an important monthly data print that investment and policy decisions are in part derived from.
So, shake off the summer cobwebs and help us nail down the August non-farm payrolls! Make your estimate by posting a comment below. The closest estimate wins a TradingFloor.com branded prize.
Click here for the rules of the competition.
Once the number is released at 14:30 CET, it will be updated for you to see on this post. The number will also appear in the financial calendar where historic data is also available.
US employment to accelerate
Saxo Bank expects non-farm payrolls to show an increase of 190,000 in August following July's below-average print of 162,000. Consensus expects 180,000 and an unchanged unemployment rate of 7.4 percent. For an analysis of the US job situation, see Mads Koefoed's non-farm payrolls preview: US employment to accelerate.