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3 Apr 2015
US NFP expected at 240,000 in March - Capital Economics
FXStreet (Bali) - Capital Economics expects the US non-farm payroll employment to have increased by 240,000 in March.
Key Quotes
Our econometric model suggests that non-farm payroll employment increased by a slightly more modest 240,000 in March (13.30 BST, Friday 3rd).
After falling sharply in February, we suspect that the unemployment rate was unchanged at 5.5% and anticipate a more robust 0.3% m/m increase in average hourly earnings, which would favour a June rate hike from the Fed
Key Quotes
Our econometric model suggests that non-farm payroll employment increased by a slightly more modest 240,000 in March (13.30 BST, Friday 3rd).
After falling sharply in February, we suspect that the unemployment rate was unchanged at 5.5% and anticipate a more robust 0.3% m/m increase in average hourly earnings, which would favour a June rate hike from the Fed