Pantheon Macroeconomics - If the underlying trend in payroll growth is about 200K, then a weather-depressed 98K reading needs to be followed by a rebound of about 300K in order fully to reverse the hit. But the consensus for today's April number is only 190K, and our forecast is 225K.

Independent Incisive Illuminating

Skip to Main Content

5 May 2017 Payrolls Should Rebound to More than 200K, Wage Gains up too?

By Ian Shepherdson

If the underlying trend in payroll growth is about 200K, then a weather-depressed 98K reading needs to be followed by a rebound of about 300K in order fully to reverse the hit. But the consensus for today's April number is only 190K, and our forecast is 225K.

Posted: 4th May 2017 in 'U.S. Documents'

This document is only available to subscribers of our U.S. Economic Research.

Request a complimentary trial or login here

Are you taking full advantage of our daily publications?

Pantheon Macroeconomics produce daily publications for U.S., Eurozone, Latin America, UK and Asia, as well as analysis on key data within a few minutes of their release. To activate a complimentary trial on any of these areas, please click here.

U.S. Economic ResearchEurozone Economic ResearchLatin America Economic ResearchUK Economic ResearchAsia Economic Research

« Go back to publications list, or Click here to register for a complimentary trial

Access Key Enabled Navigation

Keywords for: U.S. Documents | 5 May 2017 Payrolls Should Rebound to More than 200K, Wage Gains up too?

payroll, payrolls, hourly earnings, unemployment, weather, rate hike, interest rates, yellen, chair yellen, fed, forecast, forecasts, earnings, labor market, labor, nfib, unemployment, wage increase, wages, unemployment rate, pantheon macroeconomics, pantheon, macroeconomic, macroeconomics, independent advice, independent analysis, advisors, advisers, advisor, advice, independent, analysis, research, economic intelligence, economy, economic, economics, economists, Dr. Ian Shepherdson, Ian Shepherdson, financial market, financial, market, finance