FYI: The table below shows where consensus expectations currently stand with respect to tomorrow’s February Non Farm Payrolls report. Economists are expecting an increase in payrolls of 235K, which would be a decline of 22K from last month’s reading of 257K. In the private sector, economists are expecting an even larger decline from 267K to 225K. Economists are also forecasting the unemployment rate to fall to 5.6%. Finally, growth in average hourly earnings is expected to soften to 0.2% from last month’s 0.5% growth rate, while hours worked is forecast to remain unchanged at 34.6.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/february-employment-report-preview/
