Preview: The number of jobs for "small non-farm" ADP in August and the number of initial unemployment claims for the week will be announced tonight

According to BlockBeats, on September 4, the number of jobs in the "small non-farm" ADP in the United States in August will be announced at 20:15 tonight, with the previous value of 104,000 people, and the expected 65,000 people. The number of initial unemployment claims in the United States to the week of August 30 will be announced at 20:30 tonight, with a previous value of 229,000 and an expected 230,000. In addition, the U.S. unemployment rate in August and the August adjusted non-farm employment population will be announced tomorrow night at 20:30. Previously, analysts pointed out that the current labor market data has attracted much attention than usual, and Powell made this week's non-farm data particularly important. If the labor market data is less than expected, it will significantly push up interest rate cuts, which may even re-induce market expectations for one or more 50 basis points rate cuts. In his speech at Jackson Hole's annual meeting, Powell emphasized the downside risks faced by the economy and employment - to balance the expectations of interest rate cuts from colleagues from the U.S. government, markets and Federal Open Market Committee, with the inflation risks that may arise from tariffs - the impact weight of this week's data will also increase significantly.