PANews reported on August 21 that according to Jinshi, investors expect the U.S. Department of Labor to lower its non-farm payrolls data for the first quarter of 2024 today, and some experts expect the U.S. job market to show a calmer picture. George Catrambone of DWS said: "The revised data will show that the labor supply is growing, new employment in private enterprises is shrinking, and the job market is returning to its pre-epidemic normal to some extent." Catrambone expects that the "larger downward revision" will have an impact on the Jackson Hole Symposium that starts on Thursday.
