US NONFARM PAYROLLS FORECAST: DECEMBER JOBS GROWTH TO SLOW
US NONFARM PAYROLLS FORECAST: DECEMBER JOBS GROWTH TO SLOW
U.S. Nonfarm Payrolls expected to rise by 160K in December, down from November’s 227K jump.
The U.S. Bureau of Labor Statistics will release the data on Friday at 13:30 GMT.
December jobs data is crucial for determining the U.S. Dollar's direction after hawkish Fed minutes were released on Wednesday.
The report will provide insights into potential interest rate cuts by the U.S. Federal Reserve amid President-elect Trump’s incoming administration.