Your Last Minute Payrolls Preview: What Wall Street Expects
In less than an hour, the BLS will report the latest, May, non-farm payrolls and unemployment data. Here is what consensus expects:
- US Change in Nonfarm Payrolls (May) M/M Exp. 160K (Low 90K, High 215K, Prey. 160K, March. 208K)
- US Unemployment Rate (May) M/M Exp. 4.9% (Low 4.9%, High 5.1%, Prey. 5.0%, March. 5.0%)
- US Average Hourly Earnings (May) M/M Exp. 0.2% (Low 0.1%, High 0.4%, Prey. 0.3%, March. 0.2%)
The NFP breakdown by bank is as follows: