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THe Week Ahead In The Market: Jobs, Retail Sales: Text & Video Presentation
FYI: The highlight of the week will come on Friday when the Bureau of Labor Statistics releases the March jobs report. Economists are expecting that the labor market bounced back in March after a disappointing February jobs report.
The U.S. economy added a muted 20,000 jobs in February, but is expected to have added 178,000 nonfarm payrolls in March, according to economists surveyed by Bloomberg. The unemployment rate is anticipated to have stayed steady at 3.8%.
In addition, retail sales data for February will also be in focus when it is released on Monday. Capital Economics anticipates that retail sales data for the month will illustrate a rebound. “We expect a further recovery in underlying retail sales in February, but that would still be consistent with consumption growth slowing substantially in the first quarter,” Capital Economics said. Regards, Ted https://finance.yahoo.com/news/march-jobs-report-retail-sales-what-to-know-in-the-week-ahead-143925581.html
