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Mhizeffizy
8:30 PM tonight, the US September nonfarm payrolls will be released.
The market expects an increase of 84,000 to 85,000 jobs, significantly cooling down from August's 162,000, with the unemployment rate still at 4.1%. Last week's initial jobless claims were 197,000, below the expected 200,000, indicating layoffs are indeed not many. But hiring is also slowing down, a typical "low hiring, low layoffs" stalemate.
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