Institutions forecast the U.S. non-farm payroll report for September: the weak labor market trend may continue, but it is too early to talk about a collapse.

On November 20, the first non-farm payroll report after the halt will be released tonight, and the views from various institutions are as follows:

Rockefeller: It is expected that the non-farm payrolls in September will increase by 50,000, indicating that the job market remains stable, while the previously released labor data has shown a significant weakening trend;

Indeed Hiring Lab: Compared to previous reports, it is not expected that the September non-farm payroll report will show significant changes, and the current weakness in the labor market is expected to continue.

Pan Sen Macro: Any data that currently seems unsatisfactory may continue to ferment due to a sustained six-week data vacuum period, and the negative impact of non-farm data may be amplified;

Reuters survey: Non-farm payrolls are expected to increase by 50,000 in September, and economists believe that the August data was suppressed by seasonal anomalies and may be revised upward based on historical trends.

Loyola Marymount University: The labor market is clearly slowing down, and it is generally expected that this trend will continue, with the labor market lingering at the bottom for a while, but it will not fall into recession;

Nationwide: It is expected that non-farm payrolls will increase by 40,000 to 50,000 in September, which will further confirm that the weakness in the job market during the summer has extended into the fall, with companies maintaining a stance of not hiring and not laying off.

Farm Credit: It is expected that the non-farm payroll employment will increase by 55,000 in September, with an unemployment rate recorded at 4.3%; the labor market seems to be cooling down but has not collapsed, still experiencing a situation of "low hiring and low layoffs."

Standard Chartered Bank: It is expected that the non-farm employment data from September to November will be "very weak," seasonal hiring may be very low, and layoffs will be unusually high, which should be enough to persuade the Federal Reserve's moderates to lean towards the interest rate cut camp.

Goldman Sachs: Expects that non-farm payrolls will increase by 80,000 in September, with an unemployment rate of 4.3%; risks may lie in the unpublished October data, with an expected non-farm payrolls of -50,000 in October;

Union Bank: It is expected that the non-farm payroll employment will increase by about 40,000 in September, and the market reaction may be smaller than usual because more information about the job market is already available from data published by private institutions;

Consulting firm RSM: Data for September, along with revised figures for July and August, will show that employment prospects are slightly better than generally expected, but not worth bragging about; the labor market is still struggling to support itself, and the same goes for the overall economy in the United States. #比特币