September Payrolls Preview: "A Weak Number And The Fed Will Be Behind The Curve Again"

Earlier today, the BLS reported that - as expected - it would not publish an October jobs report and the November update would only be released on Dec 16, after the FOMC meeting (which is why rate cuts odds plunged, as the Oct jobs report was expected to be a disaster and without it the Fed won't have ammo to justify another 25bps cut). 

Which leaves us with the September nonfarm payrolls report which is scheduled for 08:30 am ET tomorrow, Thursday, November 20th. Here is a snapshot of what to expect, courtesy of Newsquawk: