A mixed U.S. Non-farm payrolls report for the month of August is expected. On the upside, the unemployment rate (U-3), which is the most followed indicator by market participants, is forecasted down at 9.8% from 10.2% in July, which would be the lowest level reached since the pandemic shutdowns started. On the downside, the consensus amongst economists expects that the broad measure of unemployment, called U-6, which includes the total unemployed plus all persons marginally attached to the labor force and the total employed part time for economic reasons, will increase for the first time since April to 17.3% versus ... (full story)