Archive - December, 2016


CIBC: The pace of hiring should look more or less unchanged when November’s data is released on Friday. With the economy progressing towards full employment, job gains are likely to stabilize around the 160K mark. While that’s noticeably slower than the monthly gains seen earlier this year, it’s well ahead of the roughly 100K needed to soak up population growth. A print of 165K in November would see the unemployment rate hold steady at 4.9%. Nomura: We forecast that n…

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