SMD is forecasting 118K Net new Adds in tomorrows BLS NFP report.
SmartMarketData LLC is forecasting 118K Net new adds in tomorrow's Bureau of Labor Statistics Non farm Payrolls Report. This is significantly below the Bloomberg Consensus of 175K, and below the Bloomberg consensus Low of 150K,
We are forecasting the Unemployment Rate will stay the same at 4.1%.
We expect average hourly earning to tick up 0.3%.
We expect the labor participation rate to tick up to 62.8%.