Non-farm payrolls preview: By the numbers
- Median estimate 160K (165K private)
- High est 210K
- Low est 89K
- ADP 119K vs 201K prior (lowest since Sept)
- Jobless claims 4-week avg 383K vs 369K last month
- ISM non-manufacturing employment 54.2 vs 56.7 prior (6-month avg 54.0)
- ISM manufacturing employment 57.3 vs 56.1 prior (6-month avg 54.7)
- NFP 6-month avg +165K
- Challenger job cuts 40.6 vs 37.9K in March
- TrimTabs estimate based withheld income and employment taxes +116K
- Consumer Confidence ‘more jobs’ avail 16.9% vs 17.4% in March
- In past 6 reports, 3 better than expected and 3 worse
- In past 6 reports, average miss was 47K
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