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DB alters June payroll forecast due to the ADP results being much better than expected (+157k pvt in June). DB says "With the public sector shedding on average -25k jobs per month, headline nonfarm payrolls should come in at +175k. Previously, we were forecasting +100k. Our forecast of a one tenth decline in the unemployment rate (to 9.0%) remains intact."
|remaining time till the new event being published|
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