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US jobs preview

February 7, 2025 - 13:30 -- Admin

I never bet on employment reports. It is too flaky. But here’s Goldman’s take on the NFP. We estimate nonfarm payrolls rose by 190k in January, above consensus of +170k … We assume that the Los Angeles wildfires and colder-than-usual weather will each subtract 20k from January job growth. … We estimate that the unemployment

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