Analysts at Goldman Sachs offer a sneak peek at what to expect from Friday’s US Non-Farm Employment Change data due to be reported at 1230 GMT.
Key Quotes:
“Estimate the headline nonfarm payrolls +150k.
Our forecast reflects a 15-20k boost from Census canvassing activities, but a slower underlying pace of private-sector job gains in part reflecting the return of the trade war.
Unemployment rate unchanged at 3.7%.
Average hourly earnings +0.2% m/m and 3.0% y/y.”
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