Thursday, May 07, 2015

Friday: Jobs, Jobs, Jobs

by Bill McBride on 5/07/2015 07:42:00 PM

Here is the employment preview I posted earlier: Preview: Employment Report for April

Goldman Sachs is forecasting 230,000 jobs added, and for the unemployment rate to decline to 5.4%.

Merrill Lynch is forecasting 235,000 jobs added in April, and the unemployment rate declining to 5.4%.

Nomura is forecasting 210,000 jobs, a 0.28% increase in wages month-to-month, and a 5.4% unemployment rate.

Friday:
• At 8:30 AM ET, the Employment Report for April. The consensus is for an increase of 220,000 non-farm payroll jobs added in April, up from the 126,000 non-farm payroll jobs added in March. The consensus is for the unemployment rate to decline to 5.4%.