US nonfarm payroll preview – Morgan Stanley is below consensus on the headline number | Forexlive
Due at 8.30 am US Eastern time on Friday, 10 March 2023 are the data for US February nonfarm payrolls.
This
snapshot from the ForexLive economic data calendar, access
it here.
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The
times in the left-most column are GMT.
Morgan Stanley:
We expect nonfarm payrolls increased by 190k in February with an uptick in participation
- should keep the unemployment rate at 3.4%
We expect average hourly earnings to increase by 0.3% m/m
- raising the y/y rate to 4.7%