Preview: August non - farm payrolls by the numbers
What's expected:Consensus estimate +56K July -23KJune +63KPrivate consensus estimate +45KUnemployment rate consensus estimate: 4.1% vs 4.1% priorParticipation rate consensus 61.4% priorPrior underemployment U6 prior 7.9%Avg hourly earnings y/y exp +3.0% y/y vs +3.2% priorAvg hourly earnings m/m exp +0.3% vs +0.1% priorAvg weekly hours exp 34.3 vs 34.3 priorAugust jobs so far:ADP employment report +38K vs +47K expected and +46K prior ISM services employment 47.8 vs 47.4 priorISM manufacturing...
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