Friday, March 07, 2008

Non-Farm Payroll (NFP) Predictions for February

Consensus: 30k
ADP: -8k

Last: -17k

The most recent fundamental releases have been coming out to the downside:
The consensus compiled by Thomson's IFR Markets indicates economists are expecting payrolls to have increased 25,000 and unemployment to have increased to 5 pct. Since the consensus was finalised last Friday, however, there has been a host of poor economic indicators released in the week.

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