September Nonfarm Payrolls Expected to Show Modest Growth Amid Economic Uncertainty

According to BlockBeats, the first nonfarm payroll report since the government shutdown is set to be released tonight, with various institutions offering their perspectives. Rockefeller anticipates an increase of 50,000 in September's nonfarm employment, suggesting a stable job market despite previously weak labor data. Indeed Hiring Lab does not foresee significant changes in the report, expecting the current labor market weakness to persist. Pantheon Macroeconomics warns that any disappointing data could be amplified due to the six-week data vacuum, potentially exaggerating the negative impact of the nonfarm figures source: https://www.binance.com/en/square/post/32630285785938?utm_source=BinanceNewsRSS