Economist: Non-agricultural increase of 165,000 to 175,000 is the "Goldilocks balance"

It is expected that the December employment data released today will more accurately reflect the current situation. Analysts surveyed by FactSet expect the US to add 153,000 jobs in December, compared with 227,000 in November and only 36,000 in October. Boston College economist Brian Bethune is more optimistic about this. He expects non-agricultural employment to increase by 165,000 to 175,000 in December. He said: "Fed Chairman Powell will see this number as a 'Goldilocks' balance, neither hot enough to cause concerns about inflation nor cold enough to suggest that the economy is in recession. If we get a number in this range, Powell will be relieved." (Jinshi)