Thursday, April 5, 2018

March Employment Preview

On Friday at 8:30 AM ET, the BLS will release the employment report for March. The consensus, according to Bloomberg , is for an increase of 175,000 non-farm payroll jobs in March (with a range of estimates between 112,000 to 225,000), and for the unemployment rate to decline to 4.0%. The BLS reported 313,000 jobs added in February. Note on Weather: Most estimates show that warmer than normal weather boosted February employment by 80,000 to 90,000 jobs, and there should be some payback in the March report. Here is a summary of recent data: • The ADP employment report showed an increase of......(read more)
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