by Calculated Risk on 4/01/2021 03:50:00 PM

A few brief excerpts from a note by Goldman Sachs economist Spencer Hill:

We estimate nonfarm payrolls rose 775k in March ... Big Data employment signals also indicate a pickup in job growth, and we expect a favorable swing in the weather to support construction employment following weakness in February. ... We estimate a three-tenth decline in the unemployment rate to 5.9%​.
emphasis added

CR Note: The consensus is for 565 thousand jobs added, and for the unemployment rate to decrease to 6.0%.