US Nonfarm Payrolls Bank Preview: Smaller, but still positive change in employment NFP UnitedStates Employment Macroeconomics Banks
jobs to be added to the US labour market in April, down slightly from the 236K increase in March. We look for a 0.1 percentage point increase in the unemployment rate, back to February’s 3.6% level.”, which is above the consensus expectation. The April report will thus likely lead to renewed discussions about the ‘true’ situation in the US labor market.
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