White House press secretary: White House expects jobs numbers to cool a bit

Does the White House know something?

The White House press secretary is saying that the White House expects job numbers to cool a bit. That observation comes ahead of the Friday nonfarm payroll report which is expected to show a gain of 295K. Now that is lower than the 528K value that was printed last month. So indeed it is a cooling from that level. However a 300K gain with the unemployment rate of 3.5% is still rather impressive number.

So it is too early to say if "cooling" means close to 300K or do they know something more frigid to come (negative)?

PS, they are not supposed to comment on numbers that they may get a sneak peek.

/inflation Inflation Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Inflation is defined as a quantitative measure of the rate in which the average price level of goods and services in an economy or country increases over a period of time. It is the rise in the general level of prices where a given currency effectively buys less than it did in prior periods.In terms of assessing the strength or currencies, and by extension foreign exchange, inflation or measures of it are extremely influential. Inflation stems from the overall creation of money. This money is m Read this Term