My July Employment PreviewGoldman July Payrolls Preview
Friday:
• 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.
Click on graph for larger image.
This graph shows the daily (columns) and 7-day average (line) of deaths reported.
| COVID Metrics | ||||
|---|---|---|---|---|
| Now | Week Ago | Goal | ||
| New Cases per Day2 | 117,350 | 126,536 | ≤5,0001 | |
| Hospitalized2 | 37,220 | 37,451 | ≤3,0001 | |
| Deaths per Day2 | 377 | 397 | ≤501 | |
| 1my 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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