Список проголосовавших за комментарий " Employment Report Preview — January 2017<p>The employment picture is one of the most important guides for the Federal Reserve in setting its monetary policy and for the market in driving growth expectations. That's why the Employment Situation Report for January will be the market's focal point on Friday.</p><p><strong>Why it's important?</strong></p><ul><li>The Employment Situation Report provides a comprehensive look at the state of the U.S. labor market</li><li>A really strong report could raise concern that the Fed is going to have to be more aggressive in tightening policy in 2017 than previously expected; conversely, a weak report will challenge some of the market's bullish assumptions about 2017 growth prospects and reinforce its prevailing view that the Fed isn't likely to raise the fed funds rate more than twice this year.<ul><li><strong>Note:</strong> The ADP Employment Change Report for January (+246,000) was much stronger than expected</li></ul></li><li>The employment report helps drive economists' forecasts for GDP primarily by way of the aggregate earnings data that feeds into consumer spending expectations</li><li>The employment report carries a political charge as (un)employment and earnings trends help shape the policy narrative</li><li>The policymaking implications, and implications for U.S. economic growth, contained in this report give it market-moving cachet both here and abroad<ul><li>The Briefing.com consensus estimate for average hourly earnings growth calls for a 0.3% increase in January That would leave average hourly earnings up 2.8% year-over-year, or slightly below the 2.9% year-over-year growth rate seen in December, which was the highest since May 2009.</li></ul></li></ul><p><strong>What's expected by Briefing.com consensus?</strong></p><ul><li>Nonfarm payrolls: 170,000 (prior 156,000)</li><li>Nonfarm private payrolls: 175,000 (prior 144,000)</li><li>Unemployment rate: 4.7% (prior 4.7%)</li><li>Avg. hourly earnings: +0.3% (prior +0.4%)</li><li>Avg. workweek: 34.3 (prior 34.3</li></ul><p>The report will be released at 8:30 a.m. ET</p>"