Jobs, surveys and statistical noise…

The March labour force numbers swing into focus this week.We expect employment to rise by 11k in March, which would besufficient to leave the unemployment rate at 6%. The consensus is foremployment growth of 2.5k in March. There is an unusually wide rangearound these job forecasts (from -20k to +25k). The unemployment rateis expected to print at 6.1%.

Read the full report: Economic Research

 

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