What To Expect From NFP?

The following are the expectations for the US February jobs report by the economists at Goldman Sachs, Bank of America Merrill Lynch, Credit Suisse, Nomura, and other leading banks GS: US Non-Farm Payrolls: 125K, US Unemployment Rate: 6.5%. BofA: We expect another sluggish jobs report in February with nonfarm payroll growth of 115,000. We forecast the unemployment rate to hold steady at 6.6%, but see risk of a decline from falling labor force participation. Barclays: After two months of soft payroll growth, we expect the headline NFP to grow by 150K and the unemployment rate to edge lower to 6.5% (consensus: 150K, 6.6%).....CLICK HERE for full story.