Interpretation Report on Non-farm Payrolls and Unemployment Rate of August 2
After yesterday's non-farm payroll, the market experienced a big dump because there were fewer viewers watching the live stream, so I posted an update to explain and prevent any misinformation.
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Figure 1, after the non-farm payroll data was released at 8:30, the forecast value was 175k, and the actual value was 114k. Does anyone remember the data from last month? The non-farm payroll data of 206k fell by almost half. You can see on the website of the US Department of Labor that this data is the lowest since December
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