Infograph: Preview for the October US employment report

October 2015 Employment preview

The US employment report will be released at 8:30 AM ET. The expectation is for NFP to rise by 183K. The unemployment rate is expected to fall to 5.0% from 5.1%. Hourly earnings are expected to rise by 0.2%. The YoY is expected to rise to 2.3%

What are other employment trends showing?

• The ADP private sector employment estimate came in at 181.9K.
• ISM Manufacturing employment index continued to trend lower as it fell to 50.5
• The non-manufacturing ISM index is going the other way as it rose to 59.2 in the current month.
• Initial jobless claims saw the 4-week moving average move to multi- year lows this month, although it did inch higher in the current week.

Below are the trends and expectations for the key employment statistics.