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Welcome to Jobs Friday in the US.

The consensus forecast points to jobs growth of around 60,000 for April, though the wide dispersion of individual estimates suggests significant uncertainty.

The unemployment rate is expected to remain steady at 4.3%, while the labor force participation rate is projected to rise slightly to 62.0%.

On the wage front, annual average hourly earnings are expected to rise to 3.8%, driven by a 0.3% monthly increase.

As always, keep an eye on revisions, including March's blockbuster 178,000 jobs growth.

#economy #markets #jobs #employment #unemployment

May 8
at
11:25 AM
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