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UBS On-Air: Paul Donovan Daily Audio 'Employment and trend growth'
Published 1 year, 8 months ago
Description
US employment report Friday looms. Around 119,000 companies will be asked about their employees. Around 67,000 companies will not bother to reply. Markets will obsess about the data anyway. The expectation is for slower job creation (as measured by payrolls), with a stable monthly change in average earnings (which are not the same thing as wages).