On September 5, the U.S. Bureau of Labor Statistics will release the U.S. August seasonally adjusted non-farm payroll data and the U.S. August unemployment rate data tonight at 20:30. Among them: · The U.S. August seasonally adjusted non-farm payroll is expected to be ( million, with a previous value of 7.3 and an expectation of 7.5. This data reports the changes in employment numbers in the U.S. non-farm sector, which excludes agricultural employment data. It is derived from a sample survey of U.S. businesses, government agencies, and non-agricultural sectors. On the first Friday of each month, the U.S. Department of Labor releases the non-farm payroll data report for the previous month. · The U.S. August unemployment rate is expected to be 4.30%, with a previous value of 4.20%. This data refers to the ratio of unemployed individuals to the labor force over a certain period (the number of those willing to work but still unemployed among the total employed population during that period), aiming to measure idle labor capacity and is a key indicator reflecting the unemployment situation of a country or region. The unemployment rate is one of the most important economic indicators, significantly influenced by labor market supply and demand as well as economic cycles. The higher or lower unemployment rate also reflects the operational status of the economy. Prior to the release of non-farm payroll data and unemployment rate data, the probability of a Fed rate cut in September on the CME has risen to 99.4%, with 12 days, 11 hours, and 5 minutes remaining until the next FOMC meeting.
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The non-farm employment data and unemployment rate for the United States in August will be released tonight at 20:30.
On September 5, the U.S. Bureau of Labor Statistics will release the U.S. August seasonally adjusted non-farm payroll data and the U.S. August unemployment rate data tonight at 20:30. Among them: · The U.S. August seasonally adjusted non-farm payroll is expected to be ( million, with a previous value of 7.3 and an expectation of 7.5. This data reports the changes in employment numbers in the U.S. non-farm sector, which excludes agricultural employment data. It is derived from a sample survey of U.S. businesses, government agencies, and non-agricultural sectors. On the first Friday of each month, the U.S. Department of Labor releases the non-farm payroll data report for the previous month. · The U.S. August unemployment rate is expected to be 4.30%, with a previous value of 4.20%. This data refers to the ratio of unemployed individuals to the labor force over a certain period (the number of those willing to work but still unemployed among the total employed population during that period), aiming to measure idle labor capacity and is a key indicator reflecting the unemployment situation of a country or region. The unemployment rate is one of the most important economic indicators, significantly influenced by labor market supply and demand as well as economic cycles. The higher or lower unemployment rate also reflects the operational status of the economy. Prior to the release of non-farm payroll data and unemployment rate data, the probability of a Fed rate cut in September on the CME has risen to 99.4%, with 12 days, 11 hours, and 5 minutes remaining until the next FOMC meeting.