• US NFP expected to rise by 750K in June - Goldman Sachs

Market news

2 July 2021

US NFP expected to rise by 750K in June - Goldman Sachs

FXStreet reports that analysts at Goldman Sachs offer a sneak peek at what to expect from Friday’s US Nonfarm Payrolls (NFP) due for release at 12:30 GMT.

“We estimate nonfarm payrolls rose 750k in June.” 

“Coupled with very strong labor demand and continued progress on vaccinations and reopening, we believe job growth probably picked up further in the month.”

“We estimate a two-tenths drop in the unemployment rate to 5.6%.”

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