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via cnbc.comEconomy

October jobs report due Friday: 59,000 payrolls and 4.2% unemployment expected

FROM THE WIRE · CNBC.COM

The Bureau of Labor Statistics will release the October nonfarm payrolls Friday, with economists expecting growth of 59,000 jobs. Despite the expectation of low gains, the unemployment rate is forecast to hold at 4.2%.

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MARKET IMPACTHIGH✦ News Impact agent estimateTone: neutralThe US payrolls report is a macro release that can significantly move bonds and equities.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01The BLS will release October nonfarm payrolls on Friday.
  2. 02Economists expect growth of 59,000 jobs.
  3. 03The unemployment rate is forecast to hold at 4.2%.

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