Josh Schafer by Josh Schafer by Yahoo Finance:
The February job report should show that hiring resumed in February, while the unemployment rate has remained stable. This happens at a crucial time for the markets, because actions have recently woven in the midst of fears concerning the weakening of economic growth in the United States.
The monthly jobs of the Bureau of Labor Statistics should be published at 8:30 a.m. on Friday. Economists expect the non -agitated payroll increased by 160,000 in February, while the unemployment rate remained stable to 4%, according to consensual estimates compiled by Bloomberg.
With the markets in a crisis – in the middle of a series of lower economic growth data than expected – Citi, the strategy for negotiating American actions, Stuart Kaiser, told Yahoo finances that the report on Friday jobs is a “fairly important risk for the market”.
“A good impression helps, but it’s probably not enough to settle things,” Kaiser said. “And if you have a low print, say below 125,000 jobs [added]Or in particular, if the unemployment rate increased, I think you would have a fairly high withdrawal in American actions in response to this. “”
Read more here.
