U.S. Jobs Report May See Boost From Temporary Hiring for Census

  • The U.S. jobs report Friday in Washington should show a temporary boost to hiring for the 2020 Census, while Bloomberg Economics sees promise in the Federal Reserve’s bet that economic weakness is temporary, analysis shows.
  • The median expectation from economists is for an increase of 190,000 positions in April, with average hourly earnings gaining 3.3% from a year earlier.
  • Unemployment is expected to remain unchanged from March at 3.8% when the data is published at 8:30 a.m. Eastern Time. 

(Source: Bloomberg)