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Friday: Jobs and Wages

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Earlier my employment preview (I took the under) and Goldman’s NFP forecast (Goldman took the over).

Friday:
• At 8:30 AM ET, Employment Report for June. The consensus is for an increase of 180,000 non-farm payroll jobs added in June, up from the 38,000 non-farm payroll jobs added in May. The consensus is for the unemployment rate to increase to 4.8%. A key will be the change in wages.

• At 3:00 PM, Consumer credit from the Federal Reserve.  The consensus is for a .0 billion increase in credit.
Calculated Risk

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