🧮Cable FX Macro Non Farm Payrolls Dashboard: Estimates / Surprise

**As seen in Non Farm Payrolls Dashboard, cablefxm.co.uk

Eco Estimates:

• October Non Farm Payrolls median estimate: 195K

• Prev: 263K

• Forecast Range: 80K - 300K

• 1st Ranking Fc: 200K

• Unemployment Rate: 3.6%

• AHE M/M: 0.3%

• AHE Y/Y: 4.7%

Surprise:

• The Non Farm Payrolls headline release has surprised positively for the last 6 consecutive prints, the last beat was the smallest recorded since January 2021 in absolute terms

• 1-yr standard deviation of headline surprises stands at 198K.

• +/- estimate to 1-std range: +393K / -0K

• Average Non Farm Payrolls headline surprise over the last year stands at 46K, median at 64K

**You can see the full list of economic forecasts by loging in to your Cable FX Macro account