24 Mar 2016
Nonfarm payrolls to come in trend - ING
Analysts at ING explained that in the US data coming up, they look for non-farm payrolls to return to 190,000, close to what we consider the current underlying trend.
Key Quotes:
"The wild card could be the change in household employment; after five months of substantial increases in the size of the labour force, any correction could push the unemployment rate back up to 5%."
Key Quotes:
"The wild card could be the change in household employment; after five months of substantial increases in the size of the labour force, any correction could push the unemployment rate back up to 5%."