January NFP Report Forecast and Potential Market Impact
NFP Report Expectations
• The January NFP report, due to be released today at 8:30 ET, is expected to show moderate job growth.
• Economists are anticipating an increase of 169,000 jobs, with average hourly earnings expected to rise by 0.3% month-over-month and 3.8% year-over-year.
• The unemployment rate is forecast to remain unchanged at 4.1%.
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