US NFP: another robust gain anticipated circa 180k in April - Westpac

With the FOMC decision out the way, all eyes now remain on Friday’s US payrolls data, with the key highlights presented by the analysts at Westpac is found below.

“NFP print 180k, unemployment rate 4.0%.

Overall momentum in payrolls is still very strong.

Come April, another robust gain is anticipated circa 180k.

There is also a risk of upward revisions to the prior number.

As we move through 2018, the pace of employment growth will slow but still likely exceed 100k, seeing the unemployment rate move lower.”