Non-Farm Payrolls Preview: What six banks are looking to see today via ForexLive

Courtesy of our friends at  here's the thoughts of 6 banks on what to expect from today's NFPs 6 May 2016 efxnews.com   driven once more by service-providing firms Of this, government hiring likely contributed 5,000, which is a more modest clip than the 20,000 pop in March. We find support to our outlook from the push lower in jobless claims and improvement in the Conference Board's labor market differential measure. There may be a payback in manufacturing jobs after two sizeable declines in February and March, but the early manufacturing survey data have been mixed. Housing starts have recently slowed, which could lead to a slower pace of construction hiring. We also expect continued contraction in mining jobs. 

posted via ForexLive

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