by Calculated Risk on 6/04/2015 08:00:00 PM
Thursday, June 04, 2015
Friday: Jobs, Jobs, Jobs
Here is the employment preview I posted earlier: Preview: Employment Report for May
And some comments on various employment indicators: Public and Private Employment Data
Goldman Sachs is forecasting 210,000 jobs added, and for the unemployment rate to be unchanged at 5.4%.
Merrill Lynch is forecasting 220,000 jobs added in May, and the unemployment rate at 5.4%, and 0.3% mom increase hourly earnings
Nomura is forecasting 190,000 jobs, a 0.28% increase in wages mom, and a 5.4% unemployment rate.
Friday:
• At 8:30 AM ET, the Employment Report for May. The consensus is for an increase of 220,000 non-farm payroll jobs added in May, up from the 213,000 non-farm payroll jobs added in April. The consensus is for the unemployment rate be unchanged at 5.4%.
• At 3:00 PM, Consumer Credit for April from the Federal Reserve. The consensus is for an increase of $16.0 billion in credit.