Here's Your Complete Preview Of Today's Big Jobs Report

Dangerous Factory Worker Boy

Photo: Library Of Congress

Via Bloomberg, here are all the expectations for today’s jobs report.

  • Change in non-farm payrolls: 150K (was 115K last month).
  • Change in private payrolls: 164K (was 130K last month).
  • Change in manufacturing payrolls 15K (was 16K last month).
  • The unemployment rate: 8.1% (was 8.1%)
  • Average hourly earnings growth: 0.2% (was 0.0% last month)
  • Average weekly hours: 34.5 (was 34.5 last month)

Yesterday’s ADP jobs report, which only measures private payrolls, came in at 133K.

A couple quick thoughts: The “whisper” is probably a bit lower than the 150K number, as the latest data has been disappointed.

And for the market, the worst would probably be a slight miss… a number that’s not great, but not bad enough to induce more Fed easing.

And click here to see what top economists are saying about the report >

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