Goldman Sachs Sees Modest Job Gains in April, Forecasts 75,000 Payroll Increase
Goldman Sachs projects U.S. nonfarm payrolls rose by 75,000 in April, modestly above consensus, driven by encouraging big-data indicators. The bank anticipates a small net decline in government employment and expects the unemployment rate to remain unchanged at 4.3% on a rounded basis, with average hourly earnings up 0.3% month-over-month.