FYI: Heading into tomorrow’s Non Farm Payrolls (NFP) report for March, economists are expecting an increase in payrolls of 245K, which would be a decline of 50K from last month’s reading of 295K. In the private sector, economists are expecting a similar decline from 288K to 235K. Economists are also forecasting the unemployment rate to remain unchanged at 5.5%. Finally, growth in average hourly earnings is expected to increase to 0.2% from last month’s 0.1% growth rate, while hours worked is forecast to remain unchanged at 34.6.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/fridays-employment-report-preview/
