Goldman Sachs is calling for a 240K gain in the nonfarm payroll report for April
Thanks GS, but if I wanna a hot tip I'll go here (and don't forget to enter to win!)
More from Goldman Sachs:
- +240K for the April nonfarm payroll employment
- GS have bumped their forecast higher from +225K a week ago
- The cite the improvement in the employment component of the ISM non-manufacturing survey released earlier this week
- Further, GS expect the unemployment rate to fall to 4.9% but caution risk is skewed to the upside
- For Average hourly earnings, the tip +0.3% m/m and to +2.4% y/y. GS cite a tightening labour market as reasons to look for continued wage gains ahead
