Coming up at 1230 GMT on Friday 06 May 2022, US Nonfarm payrolls report:
- This
snapshot from the ForexLive economic data calendar, access
it here. - The
times in the left-most column are GMT. - The
numbers in the right-most column are the ‘prior’ (previous month)
result. - The
number in the column next to that, where is a number, is what is the
consensus median expected.
Snippet via Goldman Sachs:
- We estimate nonfarm payrolls rose by 300k in April
- We estimate a one-tenth drop in the unemployment rate to 3.5%, reflecting a solid or strong rise in household employment partially offset by another 0.1pp rise in labour force participation to 62.5%
- While labour demand remains at elevated levels and dining activity has returned to normal, seasonally-adjusted job growth tends to slow during the spring hiring season when the labour market is tight.
This article was originally published by Forexlive.com. Read the original article here.