Analysts Tweak Jobs Estimates For March, Likely In The Wrong DirectionHarrison Roger
Every watcher of the labor market now knows that seasonally adjusted jobs number – 175K. The +175K is about 5K above what the market expected.
The +175K makes the third month of an increasing trend in the seasonally adjusted job number, which is causing many analysts to raise their March jobs target higher.
With this as the background, how likely is next month’s job figure to come in below target?
Because the answer lies partly in how actual estimated counts . . .
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