Home/Newsfeed

Same Old Problem Expected From US Jobs Data

Share Print 0

The economy is pumping out plenty of new jobs and there’s little reason to expect hiring to dry up. The big surprise is that wages are still rising slowly despite the best labor market in more than a decade.

Here’s what to watch in Friday’s employment report for July. The report will be issued at 8:30 a.m. Eastern.

The beat goes on

The economy probably added about 175,000 new jobs in July, roughly the same amount the U.S. has created each month since the start of 2017, economists polled by MarketWatch estimate.

MarketWatch

Oil and Gold Sleepy Pre NFP

Dollar Mixed Ahead of Jobs Report

This article is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Corporation or any of its affiliates, subsidiaries, officers or directors. Leveraged trading is high risk and not suitable for all. You could lose all of your deposited funds.

Craig Erlam

Craig Erlam

Senior Market Analyst - UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a Market Analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam

@@craig_forex

Craig Erlam

Latest posts by Craig Erlam (see all)

, , , , ,
Back to Top