In the latest economic forecasts, several financial institutions have provided their predictions on key economic indicators, including Non-Farm Payrolls, Unemployment Rate, and Average Hourly Earnings. Here’s a comprehensive overview:

Non-Farm Payrolls:

• The median estimate for Non-Farm Payrolls stands at 170K, which reflects a consensus view on job growth outside of the farming sector.
• Among the forecasts, Santander predicts a slightly lower growth at 135K, whereas UBS and Lloyds, along with Credit Agricole and BofA, are more optimistic, each forecasting a growth of 200K.

Unemployment Rate:

• The median estimate for the Unemployment Rate is set at 4.1%. Most institutions are closely aligned with this figure, with Standard Chartered and HSBC slightly higher at 4.2%, and JPMorgan Asset Management and Barclays slightly lower at 4.0%.

Average Hourly Earnings:

• For Average Hourly Earnings, the median estimate shows a monthly increase of 0.3% and a yearly increase of 3.8%.
• There’s a slight variation with Santander and Deutsche Bank predicting a 0.4% monthly increase, while Wells Fargo and Goldman Sachs are at the lower end with a 0.30% monthly increase. Citigroup and Credit Agricole also predict a 0.4% monthly and 3.8% yearly increase, showing a general agreement on the yearly trend but some variance on the monthly figures.

These forecasts provide a snapshot of the economic expectations from various leading financial institutions. The slight variations in predictions highlight the uncertainty and differing analytical perspectives in the current economic climate. As always, these figures are subject to change based on real-time economic developments and policy decisions. Keep an eye on upcoming economic reports for actual figures and how they align with these forecasts.