by Calculated Risk on 3/03/2022 09:08:00 PM

My February Employment Preview

Goldman February Payrolls Preview

Friday:
• At 8:30 AM ET, Employment Report for February.   The consensus is for 400,000 jobs added, and for the unemployment rate to decrease to 3.9%.

On COVID (focus on hospitalizations and deaths):

COVID Metrics
	Now	Week Ago	Goal
Percent fully Vaccinated	65.0%	---	≥70.0%1
Fully Vaccinated (millions)	215.9	---	≥2321
New Cases per Day3	53,016	74,143	≤5,0002
Hospitalized3	38,175	54,307	≤3,0002
Deaths per Day3	1,558	1,711	≤502
1 Minimum to achieve "herd immunity" (estimated between 70% and 85%). 2my goals to stop daily posts, 37-day average for Cases, Currently Hospitalized, and Deaths 🚩 Increasing 7-day average week-over-week for Cases, Hospitalized, and Deaths ✅ Goal met.

Click on graph for larger image.

This graph shows the daily (columns) and 7-day average (line) of deaths reported.

New cases, hospitalizations and deaths are declining.