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What To Expect From NFP? - Goldman, BofA, CS, BNPP, Barclays, & Others
The following are the expectations for the US March jobs report by the economists at Goldman Sachs, Bank of America Merrill Lynch, Credit Suisse, BNP Paribas, Barclays Capital, and other leading banks. GS: We expect a decline in the US unemployment rate to 6.6% and a change in US non-farm payrolls at 200K. BofA: We expect a solid jobs report in March with payroll growth of 230,000, reflecting a weather-induced snapback. We look for the unemployment rate to hold steady at 6.7%. We saw a modest recovery in job growth in February, with acceleration to 175,000 from 129,000 in January and 84,000 in December...We also ... (full story)