Analysts at Wells Fargo, suspect that the US economy added 180K jobs in May. The NFP will be released on Friday. Key Quotes: “Nonfarm employment rose by a disappointing 164,000 in April to start the second quarter, but the unemployment rate still fell to 3.9 percent. Job gains remained broad-based with the exception of wholesale trade and government. The focus remains on average hourly earnings for signs of inflation pressures.” “For May’s nonfarm print we suspect that 180,000 jobs were added for the month, and the unemployment rate is likely to remain stable at 3.9 percent. We expect the pace of job growth to gradually decelerate as the year progresses and the labor market continues to tighten.” “After averaging 212,000 jobs per month in the first quarter, we see the pace of job gains downshifting to around 170,000 in the second and third quarters. Another byproduct of the tighter labor market conditions should be higher average hourly earnings in the coming months.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Eurozone: Inflation expected to rise in May and to decline by the end of year – Danske Bank FX Street 5 years Analysts at Wells Fargo, suspect that the US economy added 180K jobs in May. The NFP will be released on Friday. Key Quotes: "Nonfarm employment rose by a disappointing 164,000 in April to start the second quarter, but the unemployment rate still fell to 3.9 percent. Job gains remained broad-based with the exception of wholesale trade and government. The focus remains on average hourly earnings for signs of inflation pressures." "For May's nonfarm print we suspect that 180,000 jobs were added for the month, and the unemployment rate is likely to remain stable at 3.9 percent. We expect the pace… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
