🧮Economic Estimates: June Non Farm Payrolls

• Median Estimate: 268K

• Prior: 390K

• Forecasts Range: 90K - 400K

• 1st Ranking: 300K

ING: 270K

Danske Bank: 400K

Goldman Sachs: 250K

J.P. Morgan: 275K

Nomura: 290K

UBS: 225K

BofA: 325K

Wells Fargo: 240K

TD Securities: 350K

Going back to previous data, we are tracking two consecutive months of upside surprises in the headline number, we have not seen a period with more than two consecutive beats since the mid-2020. Also, the standard deviation for 1-year of surprises in the headline has not been topped since the January report.