{"id":331867,"date":"2026-03-06T10:30:07","date_gmt":"2026-03-06T10:30:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/331867\/"},"modified":"2026-03-06T10:30:07","modified_gmt":"2026-03-06T10:30:07","slug":"softer-payrolls-expected-deutsche-bank","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/331867\/","title":{"rendered":"Softer payrolls expected \u2013 Deutsche Bank"},"content":{"rendered":"<p>Deutsche Bank economists project a slowdown in February <a href=\"https:\/\/www.fxstreet.com\/news\/us-nonfarm-payrolls-set-to-grow-at-moderate-pace-in-february-after-stellar-january-202603060500\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">Nonfarm Payrolls<\/a> to 30k from January\u2019s 130k, with the Unemployment Rate steady at 4.3%. The bank notes two\u2011sided risks due to BLS population control changes, while recent jobless claims and <a href=\"https:\/\/www.fxstreet.com\/macroeconomics\/central-banks\/fed\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">Fed<\/a> commentary suggest a labour market that is stabilizing rather than weakening sharply.<\/p>\n<p>Payroll growth seen easing from January<\/p>\n<p>&#8220;In terms of what to expect, our US economists think that payrolls will be up +30k, coming down from the 13-month high of +130k in January.&#8221;<\/p>\n<p>&#8220;Then for unemployment, they see that remaining at 4.3%, but they note that carries elevated risks in both directions given that the BLS will implement their annual population controls.&#8221;<\/p>\n<p>&#8220;In addition, the latest weekly initial <a href=\"https:\/\/www.fxstreet.com\/economic-calendar\" data-fxs-autoanchor=\"\" rel=\"nofollow noopener\" target=\"_blank\">jobless claims<\/a> were slightly beneath expectations, at 213k in the week ending Feb 28 (vs. 215k expected), so that added to the optimism ahead of today&#8217;s jobs report.&#8221;<\/p>\n<p>&#8220;And we saw more positive comments on the labour market from Fed Vice Chair Bowman, who said it showed more \u201csigns of stabilizing\u201d.&#8221;<\/p>\n<p>(This article was created with the help of an Artificial Intelligence tool and reviewed by an editor.)<\/p>\n","protected":false},"excerpt":{"rendered":"Deutsche Bank economists project a slowdown in February Nonfarm Payrolls to 30k from January\u2019s 130k, with the Unemployment&hellip;\n","protected":false},"author":2,"featured_media":331868,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,61,60],"class_list":["post-331867","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-ie","tag-ireland"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/331867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=331867"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/331867\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/331868"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=331867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=331867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=331867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}