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US Nonfarm Private Payrolls: July 2014 Preview

Published 07/31/2014, 06:51 AM
Updated 07/09/2023, 06:31 AM

Private nonfarm payrolls in the US are projected to increase 232,000 (seasonally adjusted) in tomorrow’s July update from the Labor Department, according to The Capital Spectator’s median econometric point forecast. The expected monthly rise is well below the previously reported increase of 262,000 for May.

The Capital Spectator’s median projection for July is in line with a pair of consensus forecasts, based on surveys of economists.

Keep in mind that the interval forecasts at the 95% confidence level reflect a relatively wide spectrum of outcomes around the point forecasts. Here’s a closer look at the numbers, followed by brief summaries of the methodologies behind The Capital Spectator’s projections:

US Nonfarm Payroll Preview

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