NonFarm Payroll Tomorrow - IBFX Poses Estimates
NonFarm Payroll (NFP) has almost always been a big candle mover. IBFX emails the estimates on loss of 50 - 60K of payroll jobs. Although April marked the fourth consecutive month of nonfarm payroll decline in the U.S., the 20,000 loss was a far cry better than the 75,000 economists were bracing for. Following declines of 81,000 in March and 83,000 in February, the latest decrease was led by declines in construction, manufacturing, and retail trade. While revisions to previous payroll numbers
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