[B][U]Analysis[/U][/B] Non farm payrolls are expected to drop 50k while the unemployment rate is expected to rise from 4.8% to 5.0%. While last month’s report showed a loss of 63k jobs the unemployment rate actually fell due to job seekers leaving the labor market. In a survey by Bloomberg.com, economist forecast for NFP were in a range of -150k to 65k. The range in the unemployment rate forecasts was 4.7% to 5.1%. The wide range supports the view that the data remains relatively uncertain. Although the ADP Nonfarm Employment Change showed an addition of 8k jobs, the sentiment surrounding this report is for a weak ... (full story)