Will the number of US employees in August recover? Economists predict an increase of 0.165 million people.

Last update: September 6, 2024 9:40 JST (excerpt)
The contents of the employment statistics in August may effectively determine the extent of the US interest rate cut.
The July statistics turned out to be worse than expected, raising concerns about economic downturn.
The US Bureau of Labor Statistics (BLS) is expected to announce the employment statistics for August on the 6th, showing a recovery in the growth of non-farm payrolls and a slight decrease in the unemployment rate. If the prediction is correct, it will lead to stability after the July statistics triggered concerns about the US economic downturn in the financial markets.

According to a survey conducted by Bloomberg targeting economists, the non-farm payrolls for August are expected to increase by a median of 0.16 million 5000 people compared to the previous month. The increase was 0.11 million 4000 people in the previous month. The unemployment rate is expected to show a slight improvement at 4.2% (compared to 4.3% in the previous month).