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Larry Green, CFA
- Jun 2, 2017
- 1 min
Jobs will outperform again! We forecast Net New NFP Jobs added of 236k
Another strong month for jobs tomorrow when the BLS releases their monthly Non-Farm Payrolls number (NFP). We are forecasting 236k net new jobs, up from last months print of 211k. Our forecast is higher than the Bloomberg high forecast of 231k, and far above the Bloomberg consensus forecast of 185k. We think unemployment will tick down another notch to 4.3% and the labor participation rate will improve a notch to 62.8%. We utilize the LinkUp Jobs database, a real-time set of
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