View full page at forexfactory.com

 

Wall Street Has Lowered the Bar for April's Jobs Report

From cnbc.com

April’s employment report is expected to show that the slow growing economy added about 170,000 jobs—better than March but a more sluggish pace than earlier in the year. Economists expect to see the unemployment rate hold at 8.2 percent, when the report is released at 8:30 a.m. ET Friday. Wall Street is bracing for disappointment after March’s small 120,000 gain and a recent string of weak economic data. For instance, the ISM nonmanufacturing survey Thursday was a bit lighter than expected, and the employment index in the service-sector survey slipped 2.5 points to 54.2. Even so, economists say one place the jobs ... (full story)

Story Stats

  • Posted:
  • Category: Breaking News