Another robust employment report? For how much longer?: The MUFG Global Markets Podcast

MUFG's John Herrmann is expecting yet another better than consensus gain in headline payrolls in the month of September. He's also expecting a larger than expected fall in the unemployment rate...sound familiar?! Undercounting of education workers represent down-side risk to his forecast, although this would likely be caught in subsequent monthly revisions. Lastly, with the flurry of announcements about pending corporate layoffs, for how much longer can this good news last? John outlines the path forward.  

In this episode, MUFG U.S. Rates Strategist, John Herrmann, previews the September employment report, including his forecasts for non-farm payrolls and the unemployment rate. He also discusses, more generally, why he's more optimistic on employment and growth than the consensus, the Fed, and other official forecasts.