Economics

Economists Brace for Another Volatile Monthly U.S. Jobs Report

  • Payroll estimates range from 335,000 to 1 million gain in May
  • Forecasters say models can’t account for reopening frictions
Photographer: Dustin Chambers/Bloomberg
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Economists, blindsided by a major miss in April’s U.S. employment report, are now ready for any number of surprises.