“Data Analysis – Non Farm Payroll”
✅ Key Forecasts
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Economists expect job gains of about +52,000 for October 2025.
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For the previous month (August 2025) jobs grew by only +22,000, significantly below the expectation of ~75,000.
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The unemployment rate is held at a modest increase in estimates — many expect it to tick up slightly (for example from ~4.2 % to ~4.3 %).
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Wage growth (average hourly earnings) and hours worked are expected to show continued moderation.

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