- Larry Green, CFA
SMD Forecasts a decline of 3.842M jobs in tomorrow's BLS Non-Farm Payrolls May Jobs report
Tomorrow the BLS will print a COVID-19 Non Farm Payroll job loss of -3.842 Million, far better then the Bloomberg consensus of -7.725M. Not much to say except that our key input, the LinkUp Jobs Data, confirms that declines continue but are not as severe as expectations. We believe the bottom is in.
#SmartMarketData#BLS#LinkUp#Jobs#BigData#NFP#Quant#AlternativeData#COVID-19 #NFPGuesses
