NFP Forecast - October Employment Numbers

Last month both the consensus numbers and the CME were on the high side when the figure came out at 51,000, less than half the estimates.

This month we are seeing a big divergence again in Economics consensus vs CME participants. Normally they are very close. They last time they diverged this much was in July when the CME numbers were on the high side and the Economists consensus ended up being closer.

For Octobers numbers here are the estimates:

Economists' consensus - 123,000
CME Auction Market participants' consensus - 102,000
ADP - 128,000

Previous posts on this topic:
October - http://nastybrutishandtall.com/2006/10/fundamental-event-of-week-non-farm.html
August - http://nastybrutishandtall.com/2006/08/nfp-forecasts.html
July - http://nastybrutishandtall.com/2006/07/nfp-forecast-divergence.html