Forex | Forex | U.S: Preview of US August unemployment report (03/09/2009 08:38:44)

U.S: Preview of US August unemployment report

US August unemployment and nonfarm payrolls (nfp) will be released on Friday, September 4th at 8:30 ET. A recent drop in jobless claims, a modest dip in the July unemployment rate and a smaller than expected decline in July nonfarm payrolls encourage speculation the US labor market is stabilizing. Despite signs of stability, the US labor market remains weak. Based on the August ADP report that the August nfp may show little improvement. ADP reported August job cuts of 298k down from 360k last


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