Trends for the US employment report
Tomorrow at 8:30 AM ET, the US employment report will be released. Below is a graphical look at some of the components and trends for the report.
- The expectation is for 225K for NFP. This is lower than the 260K average gain seen in 2014.
- Wages will once again be of interest to the market. Last month wages rose by 0.1% and 2.2% YoY. The expectations are for a rise of 0.2% and 2.2% respectively.
- Jobless claims were fairly steady over the last month
- ISM employment components showed Manufacturing was up but service was down but still growing
- 2 month revisions have been negative for the last 3 releases.
- ADP came in at 201K. It has become more unpredictable of late
- The unemployment rate has moved down to 5.4% and is expected to remain unchanged. The underemployment rate is currently at 10.8%.
https://education.forexlive.com/!/free-webinar-let-us-change-your-trading-mindset-sign-up-now-20150603
