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The market consensus for today's release is that the employment will increase another 151K workers which is still a modest raise after last month worst than expected data.
Last two month's release where very bad for the US job market with a modest 113k jobs created in January and a very bad number of only 75k jobs created in December.
The only steady numbers is the unemployment rate which is expected to decrease again by 0.1% from 6.6% to 6.5%.
In Figure 1 you can observe how volatile the Non…
Last two month's release where very bad for the US job market with a modest 113k jobs created in January and a very bad number of only 75k jobs created in December.
The only steady numbers is the unemployment rate which is expected to decrease again by 0.1% from 6.6% to 6.5%.
In Figure 1 you can observe how volatile the Non…