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Job growth is mainly driven by private service payrolls

Discussion in 'Technical Analysis' started by FXStreet_Team, Apr 1, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
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    Market Movers We estimate non-farm payrolls increased 220,000 in March, slightly above the current consensus of 210,000. Job growth is mainly driven by private service payrolls, which we estimate increased 180,000 in March down from a high of 245,000 in February. Signals for the labour market have been mixed lately. Jobless claims data continue to look solid, with initial claims back at cycle lows. On the other hand, the ISM nonmanufacturing index declined (though marginally) for the fourth

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