U.S. Nonfarm Payrolls Seen Turning Positive in August, With Forecasts Diverging by More Than 100,000

According to Jin10, the market widely expects U.S. nonfarm payrolls to turn positive in August, with Goldman Sachs forecasting an increase of 40,000, JPMorgan expecting 50,000, and UBS and Morgan Stanley both projecting 65,000, while the gap between the highest and lowest estimates still exceeds 100,000.