Coinworld News reported that the Chicago Federal Reserve expects the employment report to be released on Friday will show the December unemployment rate holding steady at 4.6%. This final forecast is consistent with the preliminary forecast released by the reserve bank a week ago. This unemployment rate forecast is based on a model launched by the Chicago Federal Reserve in the fall of last year, which incorporates public and commercial data sources. Meanwhile, the consensus forecast from a Wall Street Journal survey predicts that the unemployment rate last month will decline to 4.5%.
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Coinworld News reported that the Chicago Federal Reserve expects the employment report to be released on Friday will show the December unemployment rate holding steady at 4.6%. This final forecast is consistent with the preliminary forecast released by the reserve bank a week ago. This unemployment rate forecast is based on a model launched by the Chicago Federal Reserve in the fall of last year, which incorporates public and commercial data sources. Meanwhile, the consensus forecast from a Wall Street Journal survey predicts that the unemployment rate last month will decline to 4.5%.