NFP report is due Friday, some comments from Goldman Sachs on what they expect
Estimate the headline nonfarm payrolls +150k
- Our forecast reflects a 15-20k boost from Census canvassing activities, but a slower underlying pace of private-sector job gains in part reflecting the return of the trade war
Further forecasts:
- unemployment rate unchanged at 3.7%.
- average hourly earnings +0.2% m/m and 3.0% y/y