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Thursday, March 03, 2022

Friday: February Employment Report

by Calculated Risk on 3/03/2022 09:08:00 PM

My February Employment Preview

Goldman February Payrolls Preview

• At 8:30 AM ET, Employment Report for February.   The consensus is for 400,000 jobs added, and for the unemployment rate to decrease to 3.9%.

On COVID (focus on hospitalizations and deaths):

COVID Metrics
Percent fully Vaccinated65.0%---≥70.0%1
Fully Vaccinated (millions)215.9---≥2321
New Cases per Day353,01674,143≤5,0002
Deaths per Day31,5581,711≤502
1 Minimum to achieve "herd immunity" (estimated between 70% and 85%).
2my goals to stop daily posts,
37-day average for Cases, Currently Hospitalized, and Deaths
🚩 Increasing 7-day average week-over-week for Cases, Hospitalized, and Deaths
✅ Goal met.

COVID-19 Positive Tests per DayClick on graph for larger image.

This graph shows the daily (columns) and 7-day average (line) of deaths reported.

New cases, hospitalizations and deaths are declining.