Eagerly anticipating the release of June’s US NFP Report, like most of you I am sure. Would like to share a prediction by Scotiabank. Analyst at Scotiabank is forecasting a 4million increase in June NFP – but that could be subject due to the volatility and elevated levels of changes. According to the analysts, initial job claims have amounted to around 10mio more between May and June, although continued claims have fallen by around 1mio (could be either due to the benefits running out or they went back to work).
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