When will US total nonfarm payrolls next decrease in a given month?
Closed Oct 01, 2023 07:01AM UTC
The US labor market continued to add jobs in September 2022, but there are concerns that conditions may deteriorate as the Fed raises interest rates and recession fears rise (US News & World Report, Yahoo Finance). The question will be suspended on 30 September 2023 and the outcome determined using BLS data as first reported by the Federal Reserve Economic Data database (FRED) (FRED, click "EDIT GRAPH" and change "Units" to "Change, Thousands of Persons"). Subsequent revisions would be immaterial.
The question closed "Not before October 2023" with a closing date of 1 October 2023.
|Possible Answer||Correct?||Final Crowd Forecast|
|Between October 2022 and December 2022||0%|
|Between January 2023 and March 2023||0%|
|Between April 2023 and June 2023||0%|
|Between July 2023 and September 2023||2%|
|Not before October 2023||98%|
Crowd Forecast Profile
|Number of Forecasters||58|
|Average for questions older than 6 months: 216|
|Number of Forecasts||477|
|Average for questions older than 6 months: 607|
|Participants in this question vs. all forecasters||average|