Thursday, July 07, 2016

Friday: Jobs and Wages

by Bill McBride on 7/07/2016 08:31:00 PM

Earlier my employment preview (I took the under) and Goldman's NFP forecast (Goldman took the over).

Friday:
• At 8:30 AM ET, Employment Report for June. The consensus is for an increase of 180,000 non-farm payroll jobs added in June, up from the 38,000 non-farm payroll jobs added in May. The consensus is for the unemployment rate to increase to 4.8%. A key will be the change in wages.

• At 3:00 PM, Consumer credit from the Federal Reserve.  The consensus is for a $16.0 billion increase in credit.