US employment to be released at 8:30 AM ET on May 6th

The US Employment statistics will be released at 8:30 AM ET/1230 GMT on May 6.

The expectations are for the:

  • Unemployment rate is expected to fall to 4.9% from 5% in March
  • Nonfarm payroll jobs to add 200 K (vs. 215 K last month).
  • Average hourly earnings are expected increase by 0.3% month on month and to 2.4% from 2.3%. year on year

Below is a graphical look at the major trends in the US employment statistics.