Economists expect US non-farm payrolls to increase by 55,000 in August.
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Jinse Finance reports, citing Golden Ten Data, that economists expect the US non-farm payrolls to increase by 55,000 in August, with the unemployment rate expected to remain at 4.1%. Analyst Anna Wong stated that Federal Reserve Chair Kevin Walsh’s speech at Jackson Hole has increased the likelihood of a rate hike in September. Kevin Walsh described the labor market as being in good health and noted that slower employment growth is often due to demographic factors.
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