The March jobs report is expected to be ugly.

[Yo_Mama_Been_Loggin]

Here's why it'll be just the tip of the iceberg as coronavirus lockdowns spread.

Economists are expecting that the March jobs report will end a record streak of the US economy adding jobs as the coronavirus pandemic takes its toll.

The consensus estimate is that Friday's report from the Bureau of Labor Statistics will show a 100,000 decline in nonfarm payrolls, down from February when the US added 273,000 jobs. That would boost the unemployment rate to 3.8% from 3.5% a month earlier.

If the numbers do come in negative, it will be the first time that jobs have contracted since 2010, ending nearly a decade of labor market expansion.

"We're really crossing a psychological line in the sand," Glassdoor economist Daniel Zhao told Business Insider. "If we end that positive streak it's almost a splash of reality."

https://www.msn.com/en-us/money/careers/the-march-jobs-report-is-expected-to-be-ugly-heres-why-itll-be-just-the-tip-of-the-iceberg-as-coronavirus-lockdowns-spread/ar-BB125mHY?li=BBnb7Kz

[Hoyt]

1. If the numbers are not bad, there is no doubt they are fixed.

[LonePirate]

2. Only 100K? That seems incredibly low.