NFP (Barclays) : It is necessary to expect a net catch-up after the job losses of the previous month

In a note published today, Barclays bank book its projections and reflections on the subject of the report NFP on job creation, US expected this afternoon at 14 : 30

«We expect that the employment report US of October shows a strong rebound after the September data is widely affected by the hurricanes. In fact, we believe that the effects of the hurricanes on the report NFP last reached 200k jobs.

After -33k jobs in the previous month, we look forward to 325k new jobs for October, a figure consistent with a rapid correction of the impact of the hurricanes, already recorded on the inscriptions weekly unemployment.

As regards the unemployment rate, we anticipate stable rates to 4.2%, for average hourly wages up 0.2, after 0.5% in the previous month, figures which had been particularly noticed, but who also seem mainly due to the impacts of exceptional hurricanes. «

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