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ProgressiveEconomist

(5,818 posts)

3. Consensus forecasts of total nonfarm job gains and the unemploment rate

Reply to ProgressiveEconomist (Original post)

Thu Jul 5, 2012, 04:15 PM

Jul 2012

are 105,000 and steady at 8.2 percent, respectively (see http://biz.yahoo.com/c/ec/201227.html ).

But, according to CNBC, Goldman Sachs has just raised its job gain forecast to 125,000. Still, according to Bank of America/Merrill Lynch analyst Michelle Meyer, the construction sector should remain weak, and government jobs should decline by about 10,000.

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What to look for: LINKS to tomorrow's BLS jobs report for June 2012 [View all] ProgressiveEconomist Jul 2012 OP

Note: Clicking on either of the first 2 BLS links before 8:30 Friday will ProgressiveEconomist Jul 2012 #1

Where to get the best instant analysis of the 830 am announcement ProgressiveEconomist Jul 2012 #2

Consensus forecasts of total nonfarm job gains and the unemploment rate ProgressiveEconomist Jul 2012 #3

Construction jobs were up a puny 2,000, and public sector jobs down 4,000 ProgressiveEconomist Jul 2012 #4