Free Trial

Quicktake: TD Securities on Sep Employment Data

US OUTLOOK/OPINION

TD Securities forecasts slightly better than consensus job gain of +500k at +525k including a likely up-revision for August jobs, "more than strong enough for the Fed to start QE tapering in November.

  • Our 525k forecast includes a sizable 175k rise in the government sector; we are assuming some normalization in the level of education employment at the start of the new school year."

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.