US May non-farm market expectations at 8:30 this evening:
Regarding the May non-farm employment report, the forecast is as follows:
1. The forecast number of non-farm employment is 190,000, higher than 175,000 in April.
2. The forecast unemployment rate is 3.9%, the same as in April.
3. The forecast annual average hourly wage rate is 3.9%, the same as in April.
4. The forecast employment participation rate is 62.7%, the same as in April.
5. The forecast number of manufacturing employment is 7,000, lower than 8,000 in April.
Therefore, it can be seen that the market expects the non-farm employment in May to be neutral and optimistic, with a small positive.
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