Central Banks
US Jobs Report Is Set to Show a Slower Pace of Hiring, BE Says
- Bloomberg Economics predicts 187,000 rise in payrolls in March
- Hourly earnings likely rose 0.2% as unemployment held steady
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A monthly report on US employment is set to reveal a downshift in hiring in March amid muted wage growth, according to Bloomberg Economics.
Employers probably added 187,000 workers to payrolls last month following February’s 275,000 increase, and average hourly earnings likely rose 0.2%, Bloomberg economists Anna Wong, Stuart Paul and Eliza Winger said Thursday in a preview of the report. Both predictions are below the median estimates in a Bloomberg survey of outside forecasters.