Discover and read the best of Twitter Threads about #NonFarmPayrolls
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#NFP Expecting a strong number today. The headline will not be impacted by the loss of government education jobs we saw in September and I expect private sector to show far more strength with the ending of supplemented unemployment benefits now fully filtered through the data.
#NFP As a result of the above, I see the number as likely to exceed expectations of 450K to 475K, with a decent shot of well-exceeding that range. But the test week was the week ending October 17th, and activity has increased measurably after that with improving COVID data.
#NonFarmPayrolls come in at 531,000 in October as the Unemployment Rate registers 4.6%. Now let's look at the details underneath the headlines as we await the @jobqualityindex data.
Our new commentary: The New Surge Renders Thursday’s June Jobs Numbers Meaningless, Almost Ensures Federal Relief in July #muniland hilltopsecurities.com/media/3871/mun… 
The June change in #nonfarmpayrolls and the new #unemploymentrate are meaningless. The new surge in infection and resultant policy adjustments are going to weigh heavily on near-term economic results. July numbers will be a better indicator. #muniland
