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Friday: Employment Report

by Calculated Risk on 8/04/2022 08:48:00 PM

My July Employment Preview

Goldman July Payrolls Preview

Friday:
o At 8:30 AM ET, Employment Report for July. The consensus is for 250,000 jobs added, and for the unemployment rate to be unchanged at 3.6%.

On COVID (focus on hospitalizations and deaths):

Hospitalizations have almost quadrupled from the lows in April 2022.

COVID MetricsNowWeekAgoGoalNew Cases per Day2117,350126,536<=5,0001Hospitalized237,22037,451<=3,0001Deaths per Day2377397<=5011my goals to stop daily posts,27-day average for Cases, Currently Hospitalized, and Deaths? Increasing 7-day average week-over-week for Cases, Hospitalized, and Deaths
? Goal met.

Click on graph for larger image.

This graph shows the daily (columns) and 7-day average (line) of deaths reported.

Average daily deaths bottomed in July 2021 at 214 per day.

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