Merrill on NFP

Here is Merrill Lynch economists forecast for the January non-farm payroll report: We look for nonfarm payrolls to grow by 185k in January following a strong gain of 312k in December. We expect private payrolls, which excludes government workers to increase by 185k, implying no change in government payrolls in January. Our private payrolls tracker based on internal BAC data is looking for somewhat stronger employment growth of 232k but we see a few reasons to fade the strength this month. ... We also see some downside risk to private payroll employment growth due to the partial federal......(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

from Around The Web http://bit.ly/2SfB1M8
via IFTTT