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It's “Jobs Friday” in the US, where the widely followed monthly employment report is expected to show August job gains of 53,000 (following July’s 23,000 decline), an unchanged unemployment rate of 4.1%, an uptick in the labor force participation rate (from 61.4% to 61.5%), and a 0.3% monthly increase in average earnings growth. As for the details, I will continue to focus on indicators regarding the supply side of the labor market. More to follow. #economy #markets #jobs #unemployment #wages